Whirlpool of India Shows Signs of Recovery Amid Ongoing Market Challenges

Jan 23 2025 03:50 PM IST
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Whirlpool of India saw a notable increase on January 23, 2025, after four days of decline, reaching an intraday high. Despite this uptick, the stock remains below several key moving averages and has experienced a significant decline over the past month, contrasting with broader market trends.
Whirlpool of India experienced a notable increase of 3.5% on January 23, 2025, marking a significant turnaround after four consecutive days of decline. The stock reached an intraday high of Rs 1624.95, while the day's low was recorded at Rs 1538.15, reflecting a decrease of 2.03% at its lowest point.

In terms of market performance, Whirlpool of India outperformed its sector by 2.26% on this day. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend.

Over the past month, Whirlpool of India has seen a decline of 12.23%, contrasting with the Sensex, which fell by 2.52% during the same period. The stock's recent performance highlights the challenges it faces in the current market environment.
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