Whirlpool of India's Stock Surges 11.71%, Outperforms Sector and Receives 'Buy' Rating

Jun 27 2024 09:35 AM IST
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Whirlpool of India, a leading domestic appliances company, has seen a significant increase in its stock performance on June 27, 2024. The stock gained 11.71%, outperforming the sector by 6.8%. This positive trend is reflected in the stock's price summary, with a new 52-week high and an intraday high, indicating a strong performance. MarketsMojo has also given a 'Buy' call for the company, and its stock is currently trading higher than its moving averages. The domestic appliances sector has also seen a gain, further highlighting the positive sentiment towards Whirlpool of India. This strong performance is a result of the company's solid business strategy and financials, making it a promising investment option in the domestic appliances industry.

Whirlpool of India, a leading domestic appliances company, has been making waves in the stock market with its recent performance. On June 27, 2024, the company's stock gained an impressive 11.71%, outperforming the sector by 6.8%. This positive trend has been reflected in the stock's price summary, with a new 52-week high of Rs. 2190.05 and an intraday high of Rs. 2190.05, a 19.23% increase.

MarketsMOJO has also given a 'Buy' call for Whirlpool of India, further solidifying the company's strong performance. The stock opened with a gain of 14.33% today, and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In addition, the domestic appliances sector has also seen a gain of 5.98%, further highlighting the positive sentiment towards Whirlpool of India. The company's 1-day performance of 9.66% has also outperformed the Sensex's performance of -0.22%, and its 1-month performance of 31.21% has surpassed the Sensex's performance of 4.13%.

Whirlpool of India's strong performance in the stock market is a testament to its solid business strategy and strong financials. With its consistent growth and positive outlook, the company is a promising investment option for investors looking for a stable and reliable largecap company in the domestic appliances industry.
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