Cantabil Retail India Experiences Revision in Its Stock Evaluation Amid Strong Performance

Jan 07 2025 09:50 AM IST
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Cantabil Retail India has seen a revision in its score following a strong performance, highlighted by a significant increase in stock price and a new 52-week high. The stock has been added to MarketsMojo's list, reflecting its robust market position and impressive gains compared to sector performance and broader market indices.
Cantabil Retail India, a small-cap player in the textile industry, has recently experienced a notable uptick in its stock performance, gaining 7.55% on January 7, 2025. The stock reached a new 52-week high of Rs. 311, reflecting a strong day of trading where it outperformed its sector by 7.36%.

In terms of moving averages, Cantabil Retail is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. The stock's one-day performance stood at 6.33%, significantly surpassing the Sensex's modest gain of 0.28%. Over the past month, Cantabil Retail has shown impressive growth, with a 27.91% increase compared to the Sensex's decline of 4.32%.

In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Cantabil Retail India, reflecting the stock's recent performance and market position. The stock is now added to MarketsMOJO's list, highlighting its current standing in the market.
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