Choksi Asia Achieves 52-Week High Amid Strong Small-Cap Market Performance

Jun 04 2025 01:35 PM IST
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Choksi Asia, a microcap in the FMCG sector, has reached a new 52-week high of Rs. 120.5, following a strong performance with a 25.84% increase over the past week. The stock is trading above key moving averages, reflecting a positive trend, while the broader market shows small-cap stocks gaining traction.
Choksi Asia, a microcap player in the FMCG sector, has made headlines today by reaching a new 52-week high of Rs. 120.5, marking a significant milestone for the company. This achievement comes after a robust performance over the past week, during which the stock has gained 25.84%, outperforming its sector by 4.44%.

The stock's intraday high of Rs. 120.5 reflects a 4.78% increase, indicating strong momentum. Choksi Asia is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price action.

In the broader market context, the Sensex is experiencing a slight uptick, currently trading at 80,972.89, up by 0.29% after a flat opening. Despite a three-week decline of 1.65%, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.56%. Over the past year, Choksi Asia has delivered impressive returns of 77.88%, significantly outpacing the Sensex's performance of 12.32%. The stock's 52-week low stands at Rs. 59.5, highlighting its remarkable recovery and growth trajectory.
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