Ajanta Soya Experiences Notable Revision in Its Stock Evaluation Amid Strong Performance

Ajanta Soya, a microcap player in the refined oil and vanaspati industry, has recently made headlines with a notable adjustment in its evaluation. The stock has reached a new 52-week high, hitting Rs. 53.4 today, reflecting a strong performance that has outpaced its sector by over 5%. This marks the eighth consecutive day of gains for Ajanta Soya, during which it has delivered impressive returns of over 27%. The stock opened with a gap up of 2.24% and reached an intraday high of Rs. 53.4, showcasing its robust momentum. Furthermore, Ajanta Soya is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price action. In light of these developments, Ajanta Soya has been added to MarketsMOJO's list, reflecting a positive sentiment surrounding the stock's performance metrics. With a remarkable one-year performance of 69.04%, significantly outperforming the Sensex's 9.39%, Ajanta Soya continues to capture attention in the market.