Himadri Speciality Chemical's Stock Sees -5.0% Decline, Underperforms Sector and Market.

Himadri Speciality Chemical, a midcap company in the chemical industry, saw a decline of -5.0% in its stock price on February 12, 2024. This decline was in line with the overall underperformance of the sector, as the stock fell -3.43% below the sector's performance.

The stock has been on a downward trend for the past three days, with a total loss of -7.2% during this period. On February 12, the stock touched an intraday low of Rs 350.55, representing a -4.82% decrease from the previous day's closing price.

Despite this recent decline, Himadri Speciality Chemical's stock is still performing well in the long term. It is currently trading higher than its 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day and 20-day moving averages, indicating a short-term downward trend.

In comparison to the overall market performance, Himadri Speciality Chemical's stock has underperformed. On the same day, the Sensex saw a decline of -0.73%, while the stock's performance was -4.97%. In the past month, the stock has also underperformed the Sensex, with a decline of -5.77% compared to the Sensex's -2.06% decrease.

MarketsMOJO has given a 'Hold' call for Himadri Speciality Chemical's stock, indicating a neutral stance on the company's performance. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.