Whirlpool of India Faces Continued Decline Amid Broader Domestic Appliances Sector Challenges

Jan 13 2025 11:15 AM IST
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Whirlpool of India has faced a notable decline in its stock performance, continuing a downward trend over recent days. The domestic appliances sector also experienced a decrease, with Whirlpool's monthly performance significantly lagging behind broader market indices, reflecting ongoing challenges in the current market environment.
Whirlpool of India Faces Continued Decline Amid Broader Domestic Appliances Sector Challenges
Whirlpool of India, a key player in the domestic appliances sector, experienced a decline of 3.31% on January 13, 2025, continuing a downward trend with a total drop of 3.92% over the past two days. The stock reached an intraday low of Rs 1643.75 and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a bearish trend.
In the broader market context, the domestic appliances sector faced a decrease of 2.97%. Over the past month, Whirlpool of India has seen a significant decline of 13.50%, which starkly contrasts with the Sensex's fall of 6.27%. This performance highlights the challenges faced by the company in the current market environment.
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