Lakhotia Polyesters (India) Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which only increased by 0.06%. Over the past week, Lakhotia Polyesters has surged by 27.50%, and its remarkable performance continues with a staggering 177.40% increase over the last month. This trend is further highlighted by a consecutive gain streak of 21 days, during which the stock has returned an impressive 177.4%.
Today, Lakhotia Polyesters reached a new 52-week and all-time high of Rs. 176.9, following an open gap up of 4.99%. The stock has maintained this price level throughout the trading session, reflecting strong buyer sentiment. In terms of moving averages, Lakhotia Polyesters is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend.

The stock's performance is notably strong compared to the Sensex, which has shown minimal movement across various time frames. Factors contributing to this buying pressure may include positive market sentiment within the garments and apparel sector, as well as the company's microcap status, which often attracts speculative trading.