Gujarat Fluorochemicals Stock Declines by -4.02% on October 23, 2024, Given 'Hold' Call by MarketsMOJO

Gujarat Fluorochemicals, a leading player in the chemicals industry, saw a decline of -4.02% in its stock price on October 23, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock's performance today was underwhelming as it underperformed the sector by -4.89%. This is the second consecutive day of losses for Gujarat Fluorochemicals, with a fall of -6.63% in the last two days. The stock touched an intraday low of Rs 4450.7, a decrease of -5.58%.

Despite the recent decline, Gujarat Fluorochemicals' moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is currently lower than the 5 day moving average.

In comparison to the Sensex, Gujarat Fluorochemicals' 1 day performance was -4.16%, while the Sensex's performance was 0.01%. Over the past month, Gujarat Fluorochemicals has outperformed the Sensex with a 2.68% increase, while the Sensex has seen a decline of -5.53%.

Investors should keep an eye on Gujarat Fluorochemicals' stock performance in the coming days, as it may continue to be affected by market trends and company developments. However, it is important to note that this article is based on factual information and does not contain any recommendations or opinions from experts or investors.