Whirlpool of India Faces Continued Decline Amid Broader Market Weakness

Whirlpool of India, a prominent player in the domestic appliances sector, has recently experienced a decline in its stock performance. On December 30, 2024, the company's shares fell by 3.02%, underperforming the broader market, as indicated by a 1.47% lag behind its sector peers. This downturn marks the third consecutive day of losses, with the stock recording a total decline of 4.18% over this period.
During the trading session, Whirlpool's stock reached an intraday low of Rs 1805, reflecting a decrease of 3.17%. The company's performance has been consistently below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a challenging market environment.

In the context of broader market trends, Whirlpool's one-day performance of -3.16% contrasts with the Sensex, which saw a more modest decline of 0.68%. Over the past month, Whirlpool's stock has decreased by 2.44%, slightly underperforming the Sensex's drop of 2.05%. This performance highlights the current challenges faced by the company within the competitive landscape of the domestic appliances industry.