CDG Petchem Achieves Record Stock Price Amid Strong Performance Metrics

CDG Petchem, a microcap player in the plastic products industry, has recently achieved a significant milestone by reaching an all-time high of Rs. 62.62 on December 29, 2024. This price point marks a new 52-week high for the company, reflecting a robust performance in the market. In today's trading session, CDG Petchem outperformed its sector by 1.74%, continuing a remarkable trend of consecutive gains over the past 18 days. During this period, the stock has surged by an impressive 45.59%. Notably, CDG Petchem is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Over the past year, CDG Petchem has delivered a remarkable return of 65.71%, significantly outpacing the Sensex, which recorded a performance of just 9.25%. This strong performance underscores CDG Petchem's position within the industry and highlights its recent achievements in the stock market.