Heubach Colorants India's Stock Sees -13.76% Decline Amidst Sector Underperformance

Heubach Colorants India, a smallcap company in the dyes and pigments industry, saw a decline of -13.76% in its stock price on October 14, 2024. This drop was in line with the overall underperformance of the sector, with the stock falling -10.39% below the sector's average performance.

The stock opened with a gap down of -6.3% and continued to show high volatility throughout the day, with an intraday volatility of 77.75%. This was calculated from the weighted average price, indicating a significant fluctuation in the stock's price.

Despite the decline, Heubach Colorants India's stock is still performing well in the long term, with its moving averages 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 overall market performance, Heubach Colorants India's stock has underperformed, with a -13.89% decline in just one day, while the Sensex saw a slight increase of 0.29%. However, in the past month, the stock has outperformed the Sensex, with a 4.75% increase compared to the Sensex's -1.53% decline.

MarketsMOJO has given a 'Hold' call for Heubach Colorants India's stock, indicating a neutral stance on the company's performance. As a smallcap company in the dyes and pigments industry, Heubach Colorants India's stock may continue to experience volatility, but its long-term performance remains strong.