Chemcon Speciality Chemicals sees 7.75% stock increase
Chemcon Speciality Chemicals, a smallcap company in the chemicals industry, saw a 7.75% rise in its stock price on December 26, 2023. It has outperformed the sector by 6.48% and has been on a consecutive gain for the last 3 days, with a 12.67% increase in returns. The stock is currently trading higher than its moving averages and has shown a 1-day performance of 8.06% compared to Sensex's 0.39%.
Chemcon Speciality Chemicals, a smallcap company in the chemicals industry, has seen a rise in its stock price by 7.75% on December 26, 2023. This increase in stock value has been noted by MarketsMOJO, who have given a 'Sell' call for the stock.
The stock has outperformed the sector by 6.48% and has been on a consecutive gain for the last 3 days, with a 12.67% increase in returns during this period. It also reached an intraday high of Rs 305, showing a high level of volatility with an intraday volatility of 5.03%.
Chemcon Speciality Chemicals is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock performance.
In comparison to the Sensex, Chemcon Speciality Chemicals has shown a 1-day performance of 8.06% while the Sensex has only seen a 0.39% increase. Similarly, in the last month, the company has outperformed the Sensex with a 14.46% increase compared to the Sensex's 8.21% growth.
Chemcon Speciality Chemicals continues to show promising growth in the chemicals industry, making it a company to watch out for in the future.
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