Gujarat Fluorochemicals Ltd's Stock Sees -3.24% Decline, MarketsMOJO Gives 'Hold' Call

Gujarat Fluorochemicals Ltd, a largecap company in the chemicals industry, saw a decline of -3.24% in its stock price on November 8, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock.

The stock's performance today was -0.85% lower than the sector average. It has also been on a downward trend for the past two days, with a fall of -2.93% during this period. The stock touched an intraday low of Rs 4158.45, a decrease of -3.25%.

Despite this recent decline, Gujarat Fluorochemicals Ltd's stock is still performing well in the long term. It is currently trading higher than its 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day and 20-day moving averages.

In comparison to the overall market performance, Gujarat Fluorochemicals Ltd's stock has underperformed. On the day of the decline, the stock's performance was -3.33%, while the Sensex's performance was only -0.08%. In the past month, the stock has seen a positive return of 0.78%, while the Sensex has seen a decline of -2.64%.

Overall, Gujarat Fluorochemicals Ltd's stock has shown a mixed performance in the short term, but is still performing well in the long term. Investors should keep an eye on the stock's performance and make informed decisions based on their own research and analysis.