GSFC Stock Shows Positive Trend, Outperforms Sector and Sensex on June 10

Gujarat State Fertilizers & Chemicals . (GSFC) has shown a positive trend in the stock market, gaining 5.5% on June 10, 2024. This midcap company in the fertilizer industry has been performing well, outperforming the sector by 1.25% on the same day.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for GSFC is 'Sell'. However, the stock has been on a consecutive gain for the last 3 days, with a 11.9% increase in returns during this period. On June 10, the stock reached an intraday high of Rs 218.5, showing a 5.05% increase.

In terms of moving averages, GSFC is currently higher than its 5-day and 200-day moving averages, but lower than its 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend for the stock.

In the fertilizer sector, GSFC has shown a positive action, gaining 3.57% on June 10. Additionally, the stock has a high dividend yield of 4.81% at the current price, making it an attractive option for investors looking for stable returns.

Comparing the performance of GSFC with the overall market, the stock has outperformed the Sensex by 5.37% in the last 1 month. However, in the last 1 day, the stock has performed even better, with a 5.50% increase compared to the Sensex's 0.13% increase.

Overall, Gujarat State Fertilizers & Chemicals . has shown a positive trend in the stock market, with a strong performance on June 10 and a consistent gain in the last 3 days. While MarketsMOJO suggests a 'Sell' call for the stock, its high dividend yield and outperformance in the fertilizer sector make it an interesting option for investors to consider.