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