Century Extrusions Reaches All-Time High, Outperforms Sector by 3.89%

Century Extrusions, a leading player in the aluminium industry, has reached an all-time high price of Rs. 32.39 on January 23, 2024. This microcap company has been gaining momentum in the market, with its stock rising for the fifth consecutive day and outperforming the sector by 3.89%.

The stock opened with a gain of 4.05% today, touching an intraday high of Rs. 32.39. It has been trading at this price since then, with no significant range. This positive trend is reflected in the moving averages as well, with Century Extrusions trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Century Extrusions has shown an impressive performance of 207.80%, while the Sensex has only grown by 18.15%. This highlights the company's strong position in the market and its ability to deliver consistent returns to its investors.

MarketsMOJO has given a 'Hold' call for Century Extrusions, indicating that the stock is expected to maintain its current performance. With its strong performance and growth potential, Century Extrusions is definitely a company to watch out for in the aluminium industry.