Vardhman Textiles Outperforms Sector with 6.18% Stock Gain on October 30th
On October 30th, 2024, Vardhman Textiles, a midcap textile company, saw a 6.18% increase in its stock, outperforming the sector by 0.96%. The stock has been on a consecutive rise for the last 3 days, with a 5.33% increase. However, its moving averages are currently higher than the 5-day average but lower than the 20, 50, 100, and 200-day averages. In comparison to the Sensex, Vardhman Textiles has shown a positive 1-day and 1-month performance. MarketsMojo has given a 'Hold' call for the stock, indicating a neutral stance.
Vardhman Textiles, a midcap textile company, has shown a positive performance in the stock market on October 30th, 2024. The stock gained 6.18% on this day, outperforming the sector by 0.96%. The stock has been on a consecutive gain for the last 3 days, with a rise of 5.33% in this period.
The stock touched an intraday high of Rs 456, showing a 3.87% increase. However, the stock's moving averages are currently higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex performance, Vardhman Textiles has shown a 1-day performance of 7.57%, while the Sensex has shown a -0.18% performance. Similarly, in the last month, Vardhman Textiles has shown a -0.06% performance, while the Sensex has shown a -4.84% performance.
MarketsMOJO has given a 'Hold' call for Vardhman Textiles, indicating a neutral stance on the stock. With this recent positive performance, investors may want to keep an eye on Vardhman Textiles and its future developments in the textile industry.
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