Butterfly Gandhimathi Appliances Faces Significant Stock Decline Amid Sector Downturn

Butterfly Gandhimathi Appliances has experienced a notable decline in its stock performance, dropping 7.89% on January 13, 2025. This decline is part of a broader downturn in the domestic appliances sector, which has seen a 5.11% decrease. Over the past three days, the stock has lost 6.52%, and on this particular day, it reached an intraday low of Rs 722, reflecting a 5% decrease.
Currently, Butterfly Gandhimathi Appliances is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance. In comparison to the broader market, the stock's one-day performance starkly contrasts with the Sensex, which declined by only 1.36%. Over the past month, Butterfly Gandhimathi Appliances has recorded a total loss of 12.88%, while the Sensex has decreased by 7.07%. These metrics highlight the challenges facing the company in the current market environment.