Choksi Laboratories Achieves Record Stock Price Amidst Sector Decline
Choksi Laboratories has achieved an all-time high stock price of Rs. 121.15, reflecting a remarkable 68.42% increase over the past year. The company has outperformed its sector and the broader market, demonstrating strong performance despite a decline in the Hospital & Healthcare Services sector.
Choksi Laboratories has reached an all-time high stock price of Rs. 121.15, marking a significant achievement for the microcap company in the Hospital & Healthcare Services sector. Over the past year, the stock has surged by 68.42%, significantly outperforming the Sensex, which has only increased by 7.98% during the same period.On the day it hit this milestone, Choksi Laboratories outperformed its sector by 3.98%, showcasing a robust performance. The stock opened with a gain of 5.35% and has maintained a consecutive gain streak over the last two days, accumulating a total return of 5.89%. Furthermore, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
In contrast, the broader Hospital & Healthcare Services sector has faced a decline of 2.29%, underscoring Choksi Laboratories' resilience in a challenging market environment.
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