Chartered Logistics Experiences Revision in Its Stock Evaluation Amid 52-Week High Achievement

Chartered Logistics has recently experienced a noteworthy adjustment in its evaluation, reflecting the company's strong performance metrics and market position. The stock has reached a new 52-week high, achieving Rs. 12.96 on December 16, 2024, which underscores its significant improvement in the logistics sector.
This microcap company has demonstrated resilience and growth, outperforming its sector by a substantial margin of 11.61% today. The stock has been on an upward trajectory, gaining for two consecutive days and delivering an impressive total return of 12.92% during this period. It opened with a notable gain of 4.02% and peaked at an intraday high of Rs. 12.96, showcasing its strong market momentum.

Today's trading session has been marked by high volatility, with an intraday fluctuation of 5.37%. Chartered Logistics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust performance across various time frames.

Over the past year, Chartered Logistics has achieved remarkable growth, recording a return of 60.43%, significantly outpacing the Sensex, which has returned 14.75%. In light of these developments, the stock has been added to MarketsMOJO's list, reflecting the positive sentiment surrounding its future potential.