Hindware Home Innovation's Stock Price Declines -7.25% in Line with Sector Performance

Hindware Home Innovation, a smallcap company in the consumer durables industry, saw a decline of -7.25% in its stock price on February 13, 2024. This was in line with the overall underperformance of the sector, with the stock falling -7.03% below the sector's performance.

The stock has been on a downward trend for the past three days, with a total loss of -9.36% during this period. It opened today with a gap down of -2.68% and touched an intraday low of Rs 422.35, before closing at Rs 423.50.

Hindware Home Innovation's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In comparison to the Sensex, Hindware Home Innovation's stock performance has been weaker, with a decline of -7.29% in the past day and -17.89% in the past month, while the Sensex has only fallen -0.21% and -2.27%, respectively.

Investors are advised to take note of the recent decline in Hindware Home Innovation's stock price and monitor the company's performance closely. This is not a recommendation to buy or sell the stock, but rather a fact-based update on its recent performance. Stay tuned for more updates on Hindware Home Innovation and its position in the consumer durables industry.