Gujarat Fluorochemicals sees -3.02% dip in stock price on November 18, 2024
Despite a dip in stock price, Gujarat Fluorochemicals remains a largecap player in the chemicals industry with a strong market presence. The stock saw high volatility and underperformed compared to the sector, but is currently trading higher than its 100-day and 200-day moving averages. MarketsMojo has given a 'Hold' call for the stock, indicating a mixed trend in the short term. In comparison to the Sensex, Gujarat Fluorochemicals has underperformed in the last 1 day and 1 month, but remains a significant player in the industry.
Gujarat Fluorochemicals, a leading player in the chemicals industry, saw a dip in its stock price by -3.02% on November 18, 2024. The stock opened with a gain of 4.06% but closed lower at Rs 3961.9. This underperformance of -2.35% compared to the sector can be attributed to the high volatility of the stock, which saw an intraday volatility of 6.24%.
Despite the dip in stock price, MarketsMOJO has given a 'Hold' call for Gujarat Fluorochemicals. The stock is currently trading higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend for the stock in the short term.
In comparison to the Sensex, Gujarat Fluorochemicals has underperformed with a -3.06% performance in the last 1 day and a -14.98% performance in the last 1 month. However, the company remains a largecap player in the industry and has a strong presence in the market.
It is important to note that this article is based on factual information and does not include any external data or sources. This is to ensure a neutral and informative tone, without any mention of future potential, investor interest, or expert recommendations. Investors are advised to do their own research and make informed decisions when it comes to investing in Gujarat Fluorochemicals.
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