CDG Petchem Achieves 52-Week High with 67.23% Annual Growth
CDG Petchem has recently experienced a revision in its score, reflecting its impressive performance metrics. The stock reached a 52-week high, significantly outpacing its sector, and has shown a strong upward trend over the past few weeks. Additionally, CDG Petchem has been added to MarketsMojo's list, highlighting its market position.
CDG Petchem, a microcap player in the plastic products industry, has recently reached a significant milestone by hitting a new 52-week high of Rs. 63.8 on December 30, 2024. This achievement marks a notable performance, as the stock has outperformed its sector by 2.77% on the same day.The company has demonstrated impressive momentum, with its stock gaining for 19 consecutive days, resulting in a remarkable 48.34% increase during this period. CDG Petchem's current trading price aligns with its opening price, indicating stability at this peak level.
In terms of moving averages, CDG Petchem is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the company has delivered a robust return of 67.23%, significantly outpacing the Sensex, which has recorded an 8.90% increase during the same timeframe. This performance highlights CDG Petchem's strong position within the market and its ability to navigate the competitive landscape effectively.
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