Gulshan Polyols Faces Significant Volatility Amidst Broader Market Trends

Gulshan Polyols, a small-cap player in the chemicals industry, has experienced significant volatility today, opening with a notable loss of 17.39%. The stock's performance has underperformed the sector by 3.47%, marking a consecutive decline over the past two days, resulting in a total drop of 9.24% during this period.
Today, Gulshan Polyols reached an intraday low of Rs 160.1, reflecting the heightened volatility with an intraday fluctuation of 5.17%. In terms of moving averages, the stock is currently positioned higher than its 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day averages.

Over the past month, Gulshan Polyols has shown a positive return of 8.26%, contrasting with the Sensex's decline of 2.33%. However, its one-day performance today stands at a decrease of 8.67%, while the Sensex has fallen by 3.67%.

With a beta of 1.26, Gulshan Polyols is classified as a high beta stock, indicating that it tends to experience larger price movements compared to the broader market.