Apcotex Industries' Stock Sees Significant Increase, Outperforms Sector by 6.28%

Apcotex Industries, a smallcap company in the rubber products industry, has recently seen a significant increase in its stock price. On October 24, 2024, the company's stock gained 10.68%, outperforming the sector by 6.28%. This positive trend comes after two consecutive days of falling stock prices.

The stock call for Apcotex Industries by MarketsMOJO is currently 'Sell'. However, the company's stock has shown a strong performance today, with an intraday high of Rs 432, representing a 6.22% increase.

In terms of moving averages, Apcotex Industries' stock is currently higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend for the company's stock.

Compared to the overall performance of the Sensex, Apcotex Industries has outperformed with a 1-day performance of 11.14% while the Sensex has shown a slight decrease of -0.03%. In the past month, Apcotex Industries has also outperformed the Sensex with a 1-month performance of 3.98% compared to the Sensex's -5.72% performance.

As a smallcap company in the rubber products industry, Apcotex Industries has shown promising growth in its stock price. However, it is important to note that this is not a recommendation to buy or sell the stock, as it is based on fact-based data and not influenced by investor interest or expert opinions. Investors are advised to conduct their own research and analysis before making any investment decisions.