Hatsun Agro Product Stock Shows Short-Term Recovery Amid Long-Term Bearish Trends
Hatsun Agro Product's stock experienced a notable increase on January 14, 2025, following three days of declines. Despite this uptick, the stock remains below several key moving averages and has seen a decline of 12.72% over the past month, contrasting with the broader market's performance.
Hatsun Agro Product, a key player in the FMCG sector, saw its stock price rise by 3.1% on January 14, 2025, marking a significant turnaround after three days of declines. The stock reached an intraday high of Rs 956.25, indicating a 2.16% increase during the session. Despite this positive movement, it remains 2.7% above its 52-week low of Rs 930.45.However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. Over the past month, Hatsun Agro's stock has declined by 12.72%, while the broader Sensex index has seen a decrease of 6.86%. As the company navigates these market conditions, its performance is being closely watched by investors and analysts alike.
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