Arrow Greentech's Stock Performance Soars, MarketsMOJO Gives 'Buy' Call

Arrow Greentech, a smallcap company in the plastic products industry, has been making headlines with its recent stock performance. On August 12, 2024, the company's stock gained 7.01%, outperforming the sector by 8.13%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In the past two days, Arrow Greentech's stock has been on a consecutive rise, with a 13.87% increase in returns. The stock also reached an intraday high of Rs 922.9, showing a 6.95% increase. This is a clear indication of the company's strong performance in the market.

Moreover, Arrow Greentech is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the company's positive momentum and potential for growth.

In comparison to the Sensex, Arrow Greentech has outperformed with a 1-day performance of 7.11% versus the Sensex's 0.31%. Similarly, in the past month, the company's stock has shown a remarkable 62.96% increase, while the Sensex has seen a -0.71% decrease.

With such impressive numbers, it is no surprise that MarketsMOJO has given a 'Buy' call for Arrow Greentech. The company's strong performance and consistent growth make it a promising investment opportunity in the plastic products industry. Investors can keep a close eye on this smallcap company as it continues to make strides in the market.