CDG Petchem Achieves New 52-Week High Amid Strong Market Performance

Dec 27 2024 10:35 AM IST
share
Share Via
CDG Petchem has recently achieved a new 52-week high, reflecting its strong market performance. However, MarketsMojo has made a revision in its score, indicating a shift in evaluation. Despite impressive returns over the past year, investors are advised to exercise caution regarding this microcap stock in the plastic products industry.
CDG Petchem, a microcap player in the plastic products industry, has recently reached a new milestone, hitting a 52-week high of Rs. 62.62 on December 27, 2024. This achievement marks a significant performance uptick, as the stock has outperformed its sector by 1.08% today. Over the past 18 days, CDG Petchem has shown remarkable resilience, gaining 45.59% during this period.

The stock's current trading position is notably strong, as it consistently exceeds its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This trend indicates a robust upward momentum in its price trajectory.

In terms of annual performance, CDG Petchem has delivered an impressive return of 65.71% over the past year, significantly outpacing the Sensex, which recorded a return of 9.67%. This performance highlights CDG Petchem's strong market position within the plastic products sector, reflecting its ability to navigate the competitive landscape effectively.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News