Chemplast Sanmar Stock Sees -5.14% Decline, Underperforms Chemical Industry

Chemplast Sanmar, a midcap chemical company, saw a decline of -5.14% in its stock price on August 8th, 2024. This drop was in line with the overall performance of the chemical industry, as the company underperformed the sector by -4.64%.

Despite this, MarketsMOJO has given a 'Hold' rating for Chemplast Sanmar's stock. The stock opened with a gain of 5.05% today, but saw high volatility throughout the day, with an intraday high of Rs 602 (7.81%) and an intraday low of Rs 531 (-4.91%). The stock's weighted average price showed a volatility of 5.84%.

In terms of moving averages, Chemplast Sanmar's stock is currently higher than its 50 day, 100 day, and 200 day moving averages. However, it is lower than its 5 day and 20 day moving averages.

Compared to the overall performance of the Sensex, Chemplast Sanmar's stock saw a decline of -4.94% in just one day, while the Sensex only saw a decline of -0.60%. Over the past month, the company's stock has also underperformed the Sensex, with a decline of -2.51% compared to the Sensex's decline of -1.21%.

Overall, Chemplast Sanmar's stock has shown some volatility and underperformance in the past day and month. Investors may want to keep an eye on the company's stock and its performance in the coming days.