Apollo Pipes' Stock Surges 8.18%, Outperforms Sector by 6.35% on November 25, 2024

Nov 25 2024 01:20 PM IST
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Apollo Pipes, a leading player in the plastic products industry, saw a surge in its stock price on November 25, 2024, with a gain of 8.18%. This was attributed to consecutive gains in the last two days, with a total return of 9.08%. The stock also showed high volatility, reaching an intraday high of Rs 507.55. Despite this, it is currently trading higher than its 5-day moving average and has outperformed the Sensex by a significant margin. However, it is still lower than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating room for improvement.


Apollo Pipes, a leading player in the plastic products industry, has seen a significant increase in its stock price on November 25, 2024. The stock has gained 8.18%, outperforming the sector by 6.35%. This surge in stock price has been attributed to the consecutive gains made by the company in the last two days, with a total return of 9.08%.

The stock also saw high volatility today, with an intraday volatility of 6.61%. This was calculated from the weighted average price, indicating a significant fluctuation in the stock's value throughout the day. The stock reached an intraday high of Rs 507.55, which is a 9.3% increase from its previous closing price.

Despite the high volatility, Apollo Pipes' stock is currently trading higher than its 5-day moving average. However, it is still lower than its 20-day, 50-day, 100-day, and 200-day moving averages. This suggests that while the stock has shown a recent increase, it is still not performing as well as it has in the past.

In comparison to the overall market performance, Apollo Pipes has outperformed the Sensex by a significant margin. The stock's 1-day performance is 7.37%, while the Sensex has only seen a 1.01% increase. Similarly, in the last month, Apollo Pipes' performance has been -0.61%, while the Sensex has only seen a 0.64% increase.

Overall, Apollo Pipes' stock has shown a strong performance in the recent days, with a significant increase in its value. 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 information and does not consider any future potential or expert opinions. Investors are advised to do their own research and make informed decisions.
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