Amines & Plasticizers Ltd reaches all-time high, outperforms sector with consecutive gains

Aug 20 2024 09:25 AM IST
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Amines & Plasticizers Ltd, a smallcap chemical company, has seen a surge in its stock price, reaching an all-time high on August 20, 2024. The stock has outperformed the sector by 1.94% and has been on a consecutive gain for the past 3 days, with a 11.25% increase. It is also trading higher than its moving averages, indicating a positive trend. With a remarkable 1-year performance of 236.53%, the company shows strong growth and potential in the market.

Amines & Plasticizers Ltd, a smallcap company in the chemical industry, has been making waves in the stock market as its price reached an all-time high on August 20, 2024. The stock has been performing well, with a 2.1% increase from its 52-week high of Rs 357.35. Today, it has outperformed the sector by 1.94% and has been on a consecutive gain for the past 3 days, with a 11.25% increase in returns during this period.

The stock opened with a gain of 2.27% today and reached an intraday high of Rs 351.55, showing high volatility with an intraday volatility of 114.49%. This is calculated from the weighted average price. Amines & Plasticizers Ltd is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the Sensex, Amines & Plasticizers Ltd has shown a remarkable 1-year performance of 236.53%, while the Sensex has only seen a 24.09% increase. This showcases the company's strong growth and potential in the chemical industry.

MarketsMOJO has given a 'Hold' call for Amines & Plasticizers Ltd, indicating that the stock is expected to maintain its current performance. With its impressive performance and strong position in the market, Amines & Plasticizers Ltd is definitely a company to watch out for in the chemical industry.
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