Whirlpool of India's Stock Sees Decline, But Remains Strong in Domestic Appliances Industry

Whirlpool of India, a leading domestic appliances company, has been making headlines in the stock market recently. On October 29, 2024, the company's stock saw a decline of -3.32%, closing at Rs. 2110.05. However, despite this dip, the stock has been given a 'Buy' call by MarketsMOJO, a leading stock market analysis platform.

In terms of performance, Whirlpool of India has outperformed its sector by 1.1% today. However, the stock has been on a downward trend for the past 5 days, with a fall of -10% in returns during this period. The stock also touched an intraday low of Rs. 2101.35, showing a decline of -2.68%.

While the stock's performance may seem concerning, it is worth noting that Whirlpool of India's moving averages are still higher than its 100-day and 200-day moving averages. However, it is currently lower than its 5-day, 20-day, and 50-day moving averages.

In comparison to its sector, Domestic Appliances, which has seen a decline of -4.09%, Whirlpool of India's performance is relatively better. This is also reflected in the stock's 1-day and 1-month performance, where it has outperformed the Sensex by -3.40% and -5.32%, respectively.

Despite the recent dip in its stock price, Whirlpool of India remains a strong player in the domestic appliances industry. With its consistent performance and positive outlook, it is definitely a company to watch out for in the stock market.