Eco Recycling's Stock Reaches New High, Outperforms Sector and Sensex

Eco Recycling, a smallcap company in the trading industry, has been making waves in the stock market with its recent performance. On August 28, 2024, the company's stock price reached a new 52-week high of Rs.1157.25, which is also an all-time high for the company. This has caught the attention of investors and analysts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been on a winning streak for the past 5 days, with a consecutive gain of 25.94% during this period. Today, it outperformed the sector by 3.17% and opened with a gain of 2.07%. The intraday high of Rs.1157.25 marks a 5% increase from the previous day's closing price.

Eco Recycling's performance has been consistently strong, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, Eco Recycling has shown an impressive growth of 558.28%, outperforming the Sensex's performance of 25.56%. This showcases the company's potential and its ability to deliver strong returns for its investors.

With its recent surge in stock price and strong performance, Eco Recycling is definitely a company to watch out for in the trading industry. Investors can consider adding this smallcap company to their portfolio for potential growth and returns.