Apollo Sindoori Hotels Ltd's Stock Price Surges, Outperforms Market with 88% Growth.

Jan 11 2024 09:30 AM IST
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Apollo Sindoori Hotels Ltd, a microcap company in the hotel industry, has reached an all-time high in its stock price on January 11, 2024. Despite underperforming the sector today, the stock has been on an upward trend and has outperformed the overall market. With a 'Hold' rating from MarketsMojo, the company shows potential for steady performance in the near future.

Apollo Sindoori Hotels Ltd, a microcap company in the hotel industry, has recently seen a surge in its stock price. On January 11, 2024, the company's stock reached an all-time high, making it a noteworthy milestone for the company.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Apollo Sindoori Hotels is 'Hold'. This indicates that the stock is expected to perform steadily in the near future.

In terms of performance, Apollo Sindoori Hotels has underperformed the sector by -0.44% today. However, the company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests that the stock has been on an upward trend in the recent past.

In comparison to the overall market performance, Apollo Sindoori Hotels has outperformed the Sensex by a significant margin. The company's 1-year performance stands at 88.01%, while the Sensex has only seen a 19.75% growth in the same period.

As a microcap company in the hotel industry, Apollo Sindoori Hotels has shown promising growth and potential. With its recent surge in stock price and positive performance, the company is definitely one to watch out for in the market.
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