Honeywell Automation Shows Strong Short-Term Gains Amid Broader Market Optimism

Honeywell Automation India has shown notable activity today, gaining 4.19% as of July 3, 2025. This performance has allowed the stock to outperform its sector by 1.37%. Over the past two days, Honeywell Automation has recorded a consecutive gain, rising 2.33% during this period. The stock reached an intraday high of Rs 39,710, reflecting a 2.21% increase.
In terms of moving averages, Honeywell Automation's stock price is currently higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

In the broader market context, the Sensex has also experienced a positive trend, climbing 205.50 points to reach 83,746.24, marking a 0.4% increase. The index is now just 2.67% away from its 52-week high. Notably, mega-cap stocks are leading the market today, contributing to the overall bullish sentiment.

Despite the recent gains, Honeywell Automation's year-to-date performance remains at -3.30%, contrasting with the Sensex's 7.15% increase. Over the past year, the stock has declined by 28.35%, while the Sensex has appreciated by 4.68%.