GNFC Stock Gains 5.45% on June 20, Outperforms Sensex in Past Month

Gujarat Narmada Valley Fertilizers & Chemicals . (GNFC) has shown a positive performance in the stock market, gaining 5.45% on June 20, 2024. This midcap company in the fertilizer industry has been given a 'Hold' call by MarketsMOJO.

The stock price of GNFC has been on an upward trend, with an intraday high of Rs 740.05, which is 6.19% higher than the previous day's close. The company's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive sentiment in the market.

In comparison to the sector performance, GNFC has underperformed by -4.38%. However, the fertilizer industry as a whole has seen a gain of 9.83%. GNFC also offers a high dividend yield of 4.56% at the current price, making it an attractive option for investors.

In the past month, GNFC has outperformed the Sensex by 10.87%, while the Sensex has seen a gain of 4.59%. This shows the company's strong performance and potential for growth in the future.

Overall, Gujarat Narmada Valley Fertilizers & Chemicals . has shown a positive trend in the stock market and has been performing well in the fertilizer industry. With a 'Hold' call from MarketsMOJO and a high dividend yield, GNFC is a company to watch out for in the midcap segment.