Dhabriya Polywood's Stock Reaches All-Time High, Outperforms Sector and Sensex

Dhabriya Polywood, a microcap company in the plastic products industry, has been making headlines recently as its stock price reached an all-time high on July 12, 2024. The stock has been performing well, outperforming the sector by 5.15% and gaining 7.43% in the last 3 days alone.

On July 12, the stock touched an intraday high of Rs 397.5, a 6% increase from the previous day's close. This positive momentum can also be seen in the stock's moving averages, as it is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, Dhabriya Polywood has shown impressive performance over the past year with a 103.95% increase, while the Sensex has only seen a 22.49% increase. This showcases the company's strong growth and potential in the plastic products industry.

MarketsMOJO has given a 'Hold' call for Dhabriya Polywood, indicating that investors should hold onto their current positions in the stock. With its recent success and positive performance, Dhabriya Polywood is definitely a company to keep an eye on in the microcap market.