Chemfab Alkalis Ltd's Stock Price Soars to New High, Outperforms Market

Chemfab Alkalis Ltd, a smallcap company in the chemical industry, saw a significant increase in its stock price on October 15th, 2024. The stock gained 8.68%, closing at Rs. 1225, which is also its new 52-week and all-time high. This performance has caught the attention of investors and analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been on a consecutive gain for the last two days, with a 10.81% increase in its returns during this period. It also outperformed the sector by 9.72% on the same day. The stock showed high volatility, with an intraday volatility of 6.45%, calculated from the weighted average price.

Chemfab Alkalis Ltd 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 price.

In comparison to the overall market performance, Chemfab Alkalis Ltd has outperformed the Sensex by 9.01% in the last 1 day and 29.65% in the last 1 month. This shows a strong performance by the company, despite the negative trend in the market.

Chemfab Alkalis Ltd's stock price increase on October 15th, 2024, has caught the attention of investors and analysts, but it is important to note that this is not a recommendation to buy or sell the stock. The information provided is based on facts and figures, and it is advised to do further research and analysis before making any investment decisions.