Sumitomo Chemical India Outperforms Sector Amid Positive Chemicals Industry Trends

Sumitomo Chemical India has shown notable activity today, gaining 3.72% on January 30, 2025. This performance has allowed the stock to outperform its sector by 1.61%. Over the past two days, Sumitomo Chemical India has experienced a consecutive gain, accumulating a total return of 5.81%. The stock reached an intraday high of Rs 523.9, reflecting a rise of 4.34% during the trading session.
In terms of moving averages, the stock is currently positioned higher than its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. The chemicals sector overall has seen a gain of 2.1%, indicating a positive trend within the industry.

When comparing performance metrics, Sumitomo Chemical India has recorded a 1-day performance of 3.77%, significantly outpacing the Sensex, which posted a modest gain of 0.38%. However, over the past month, the stock has declined by 2.46%, while the Sensex experienced a slightly lesser decline of 1.82%.