Galaxy Surfactants Faces Continued Decline Amid Broader Market Gains

Feb 17 2025 10:06 AM IST
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Galaxy Surfactants has reached a new 52-week low, continuing a downward trend with a 7.52% decline over five days. Despite a brief intraday gain, the stock remains below key moving averages and has decreased by 12.06% over the past year, contrasting with the Sensex's gains.
Galaxy Surfactants, a midcap player in the chemicals industry, has experienced significant activity today, reaching a new 52-week low of Rs. 2230.45. This decline marks a continued downward trend, with the stock falling for five consecutive days, resulting in a total drop of 7.52% during this period. Despite this, Galaxy Surfactants managed to outperform its sector slightly by 0.27% today.

The stock opened with a notable gain of 3.96%, reaching an intraday high of Rs. 2359.95. However, it remains below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a challenging market position. Over the past year, Galaxy Surfactants has seen a decline of 12.06%, contrasting sharply with the Sensex, which has gained 4.07% in the same timeframe. This performance highlights the ongoing challenges faced by the company within the broader market context.
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