Honeywell Automation India Faces Continued Stock Decline Amid Broader Sector Weakness

Jan 13 2025 12:15 PM IST
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Honeywell Automation India experienced a decline in its stock price, contributing to a two-day total loss. The stock is trading below all key moving averages and has seen a monthly decrease. This performance reflects broader challenges within the Electronics - Components sector and the overall market environment.
Honeywell Automation India has seen a decline of 3.68% in its stock price on January 13, 2025, contributing to a two-day total loss of 3.72%. This downturn is consistent with the broader Electronics - Components sector, which has decreased by 2.14%.

The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. In comparison to the Sensex, which fell by 0.78% on the same day, Honeywell Automation's performance is notably weaker.

On a monthly basis, the stock has recorded a decline of 2.12%, while the Sensex has experienced a more significant drop of 6.52%. This recent performance highlights ongoing challenges in the market environment.
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