Choksi Laboratories Hits All-Time High Amidst Strong Buying Activity and Price Surge

Choksi Laboratories Ltd is witnessing significant buying activity, with the stock surging 9.46% today, markedly outperforming the Sensex, which only gained 0.13%. Over the past week, Choksi Laboratories has achieved a remarkable 35% increase, while the Sensex rose by just 1.86%. The stock's performance over the last month shows a substantial 55.73% rise compared to the Sensex's 3.84%.
Notably, Choksi Laboratories has been on a consecutive gain streak for the last eight days, accumulating a total return of 50.57% during this period. Today, the stock opened with a gap up of 2.05% and reached an intraday high of Rs 174.95, marking a significant 8.87% increase. This price also represents a new 52-week and all-time high for the company.

Choksi Laboratories is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock has outperformed its sector by 8.18% today, reflecting robust market interest and potential factors driving this buying pressure.