Gulshan Polyols' Stock Surges 10.42%, Outperforms Sector by 9.47% on October 23, 2024

Gulshan Polyols, a smallcap company in the chemicals industry, saw a significant increase in its stock price on October 23, 2024. The stock gained 10.42%, outperforming the sector by 9.47%. This comes after two consecutive days of falling stock prices, indicating a possible trend reversal.

The stock opened with a gap up of 6.11% and reached an intraday high of Rs 225.25, a 12.82% increase from the previous day's close. The stock has also shown high volatility, with an intraday volatility of 5.19%, calculated from the weighted average price.

Despite the recent increase, Gulshan Polyols' stock is still lower than its 20-day and 50-day moving averages. However, it is higher than its 5-day, 100-day, and 200-day moving averages, indicating a mixed trend.

In comparison to the Sensex, Gulshan Polyols' stock has performed significantly better in the past month, with a -8.49% decrease compared to Sensex's -5.53%. In the past day, the stock has outperformed the Sensex by 10.12%.

It is important to note that this information is based on fact and not influenced by any future potential, investor interest, or expert opinions. As a smallcap company in the chemicals industry, Gulshan Polyols' stock performance is subject to market fluctuations and should be carefully considered before making any investment decisions.