Ador Multi Products Achieves 52-Week High Amid Broader Market Decline
Ador Multi Products, a microcap player in the FMCG sector, has made headlines today as its stock price reached a new 52-week high of Rs. 109.01. This milestone was achieved amidst a broader market context where the Sensex experienced a decline, falling by 353.74 points after an initial positive opening. The stock has shown remarkable performance over the past ten days, gaining 25.41% and outperforming its sector by 5.23%. It opened with a notable gain of 5% today and has maintained its trading price at Rs. 109.01 throughout the session. Additionally, Ador Multi Products is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Over the past year, Ador Multi Products has delivered an impressive return of 239.38%, significantly outpacing the Sensex, which has only seen a modest gain of 1.14%. The stock's previous 52-week low was recorded at Rs. 23.45, highlighting its substantial growth trajectory.
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