City Pulse Multiplex Reaches All-Time High, Outperforms Sector and Sensex

Oct 16 2024 03:20 PM IST
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City Pulse Multiplex, a microcap company in the film industry, has reached an all-time high in its stock price on October 16, 2024. Despite being rated as a Sell by MarketsMojo, the stock has outperformed the sector by 3.96% and has shown consecutive gains in the last two days. It is currently trading above its moving averages and has shown a remarkable 987.21% performance in the last year, highlighting its strong growth and potential in the industry.

City Pulse Multiplex, a microcap company in the film production, distribution, and entertainment industry, has recently reached an all-time high in its stock price on October 16, 2024. According to MarketsMOJO, the stock is currently rated as a "Sell."

The stock has been performing well, with a new 52-week high of Rs.936 and an all-time high of the same amount. It has also outperformed the sector by 3.96% today. In the last two days, the stock has been on a consecutive gain, with a 9.09% increase in returns. However, it is worth noting that the stock did not trade for three days out of the last 20 days.

Today, the stock opened with a gain of 4% and reached an intraday high of Rs.936. It has since maintained this price, showing no range in its trading. Additionally, City Pulse Multiplex is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 23.14%, City Pulse Multiplex has shown a remarkable 987.21% performance in the last year. This highlights the company's strong growth and potential in the film industry.

As a microcap company, City Pulse Multiplex may not be as well-known as larger players in the industry. However, its recent stock performance and consistent growth suggest that it is a company to watch out for in the entertainment sector.
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