Greenlam Industries Shows Strong Performance Amid Market Volatility and Outperforms Sensex

Jan 21 2025 12:20 PM IST
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Greenlam Industries has shown strong performance on January 21, 2025, with consecutive gains and a notable total return. The stock opened higher and reached an intraday peak, reflecting resilience amid market fluctuations. It is trading above key moving averages and has outperformed the Sensex over the past month.
Greenlam Industries has demonstrated notable performance on January 21, 2025, with a gain of 6.22%. This midcap player in the miscellaneous sector has been on an upward trajectory, achieving two consecutive days of gains and a total return of 6.74% during this period.

The stock opened with a 2.7% increase and reached an intraday high of Rs 574, showcasing resilience amid market volatility. It exhibited high volatility today, with an intraday fluctuation of 5.54%, based on the weighted average price.

In terms of moving averages, Greenlam Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price action. Over the past day, the company's stock performance of 5.37% stands in contrast to the Sensex, which recorded a decline of 0.96%. Furthermore, Greenlam Industries has outperformed the Sensex over the past month, with a return of 2.59% compared to the Sensex's drop of 2.19%.
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