Amal Achieves Record Stock Price Amid Strong Sector Performance and Sustained Gains

Jan 20 2025 09:20 AM IST
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Amal, a microcap company in the dyes and pigments sector, achieved an all-time high stock price of Rs. 730.65 on January 20, 2025. The company has shown remarkable performance, with a six-day streak of gains and an impressive annual return of 81.01%, significantly outperforming the Sensex.
Amal, a microcap company in the dyes and pigments industry, has reached an all-time high stock price of Rs. 730.65 on January 20, 2025. This achievement highlights the company's strong performance, particularly as it has outperformed its sector by 10% today, continuing a six-day streak of gains that has resulted in a remarkable 56.02% increase.

The stock opened with a significant gap up of 10% and maintained its price throughout the trading day. Notably, Amal is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Over the past year, Amal has delivered an impressive return of 81.01%, significantly surpassing the Sensex's return of only 7.51%. This performance underscores Amal's strong market position within the dyes and pigments sector.
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