Sumitomo Chemical India Faces Volatility Amidst Broader Market Fluctuations

Feb 10 2025 10:20 AM IST
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Sumitomo Chemical India has faced a decline on February 10, 2025, marking its second consecutive day of losses. Despite this, the stock remains above its 20-day and 200-day moving averages. Over the past month, it has gained while the broader Sensex index has slightly decreased, indicating recent volatility.
Sumitomo Chemical India has experienced a notable decline of -3.72% on February 10, 2025, underperforming its sector by -3.1%. This marks the second consecutive day of losses for the stock, which has seen a total drop of -4.22% over this period. The stock reached an intraday low of Rs 512.95, reflecting a decrease of -3.82% at its lowest point today.

In terms of moving averages, Sumitomo Chemical India is currently positioned higher than its 20-day and 200-day moving averages, yet it falls below the 5-day, 50-day, and 100-day moving averages. Over the past month, the stock has shown a positive performance, gaining 7.77%, while the broader Sensex index has slightly declined by -0.16%.

These performance indicators highlight the stock's recent volatility and its current standing within the chemicals industry, providing a snapshot of its market position amidst fluctuating trading conditions.
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