Gujarat Fluorochemicals Ltd's Stock Sees -3.09% Decline, Still Performing Well in Long Term
On September 24, 2024, Gujarat Fluorochemicals Ltd, a largecap company in the chemicals industry, saw a -3.09% decline in its stock price. Despite this, the stock is still performing well in the long term and is currently trading above its moving averages. In comparison to the Sensex, its performance in the past day and month has been lower. MarketsMojo has given a 'Hold' call for the stock.
Gujarat Fluorochemicals Ltd, a largecap company in the chemicals industry, saw a decline of -3.09% in its stock price on September 24, 2024. The stock, which is currently trading at Rs 4251.8, has been given a 'Hold' call by MarketsMOJO.
The stock's performance today was underwhelming as it underperformed the sector by -4.07%. This is a reversal from the previous two days where the stock had seen consecutive gains. The day's low for the stock was Rs 4251.8, a decrease of -3.37% from the previous day's closing price.
Despite the decline, Gujarat Fluorochemicals Ltd's stock is still performing well in the long term. It is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day moving average.
In comparison to the Sensex, Gujarat Fluorochemicals Ltd's performance in the past day and month has been -2.35% and 34.06%, respectively. This is lower than the Sensex's performance of 0.14% and 4.89% in the same time periods.
Overall, Gujarat Fluorochemicals Ltd's stock has seen a decline in its price, but it is still performing well in the long term. Investors are advised to hold onto their shares for now, according to MarketsMOJO.
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