Amrapali Industries' Stock Reaches 52-Week High, Outperforms Sensex in Past Year

Aug 16 2024 09:36 AM IST
share
Share Via
Amrapali Industries, a microcap trading company, reached a 52-week high on August 16, 2024, with its stock price at Rs.19.98. Despite recent dips, the company's moving averages are still higher than its 20-day, 50-day, 100-day, and 200-day averages. However, MarketsMojo suggests a 'Sell' call for the stock, indicating potential risks for investors.

Amrapali Industries, a microcap trading company, saw its stock price reach a 52-week high on August 16, 2024. This was a significant milestone for the company, indicating a positive trend in its performance.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Amrapali Industries is 'Sell'. This suggests that investors may want to consider selling their shares in the company.

On the day of the 52-week high, the stock price of Amrapali Industries reached Rs.19.98. However, the stock underperformed the sector by -3.86% on that day. Additionally, the stock has been on a downward trend for the past three days, with a fall of -9.19% during this period.

Despite these recent dips, Amrapali Industries' moving averages are still higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is currently lower than its 5-day moving average.

In terms of overall performance, Amrapali Industries has outperformed the Sensex by a significant margin in the past year. While the company's stock has seen a growth of 62.03%, the Sensex has only grown by 22.03%.

As a microcap trading company, Amrapali Industries may be a risky investment for some. However, its recent 52-week high and strong performance in the past year may make it an attractive option for others. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News