Whirlpool of India's Stock Performance Shows Strong Growth Potential

Aug 28 2024 03:20 PM IST
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Whirlpool of India's stock has shown a positive trend, gaining 3.3% on August 28, 2024 and outperforming the sector by 3.24%. It has also been on a consecutive gain for 2 days, with a 3.52% increase. The company's moving averages are positive and it has outperformed the Sensex in both 1 day and 1 month performance. This reflects the company's strong position in the domestic appliances industry and makes it a potential growth option for investors.

Whirlpool of India, a leading domestic appliances company, has seen a positive trend in its stock performance. On August 28, 2024, the company's stock gained 3.3%, outperforming the sector by 3.24%. This has led to a 'Buy' call by MarketsMOJO, a trusted stock analysis platform.

The stock has been on a consecutive gain for the last 2 days, with a 3.52% increase in returns during this period. It also touched an intraday high of Rs 2076.65, showing a strong upward movement. The moving averages for Whirlpool of India are also positive, with the stock being higher than 5 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex performance, Whirlpool of India has outperformed with a 1 day performance of 3.53% versus Sensex's 0.07%. Similarly, in the last 1 month, the company's stock has shown a 1.22% increase, while the Sensex has only seen a 0.53% rise.

This positive trend in Whirlpool of India's stock performance is a reflection of the company's strong position in the domestic appliances industry. With its largecap size, Whirlpool of India is a trusted and reliable brand for consumers. Investors can consider this stock for potential growth in their portfolio.
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