Gujarat Fluorochemicals Stock Sees Dip, Underperforms Sector by -3.06%

Gujarat Fluorochemicals, a leading player in the chemicals industry, saw a dip in its stock price on November 4th, 2024. The company's stock lost -3.24% and closed at Rs 4160.85. This performance was deemed as underperforming the sector by -3.06% by MarketsMOJO, a leading stock market analysis platform.

The stock's trend also showed a reversal as it fell after four consecutive days of gains. It touched an intraday low of Rs 4152.05, a decrease of -3.7%. However, the stock's moving averages are still positive, with it being higher than the 50 day, 100 day, and 200 day moving averages. It is, however, lower than the 5 day and 20 day moving averages.

In comparison to the Sensex, Gujarat Fluorochemicals' performance on the day was -3.40%, while the Sensex's performance was -0.89%. Over the past month, the company's stock has shown a positive performance of 2.83%, while the Sensex has seen a decrease of -3.27%.

While the stock's performance may have been affected on this particular day, Gujarat Fluorochemicals remains a strong player in the chemicals industry with a largecap size. Investors are advised to hold onto their stocks, according to MarketsMOJO's stock call. This news article is based on factual information and does not include any external data or sources.