Ester Industries sees positive trend in stock performance, outperforms sector by 8.11%

Ester Industries ., a smallcap company in the plastic products industry, has seen a positive trend in its stock performance on September 9th, 2024. The stock gained 7.35%, outperforming the sector by 8.11%. This comes after two consecutive days of falling stock prices, indicating a possible trend reversal.

The stock saw high volatility today, with an intraday high of Rs 149.3 and an intraday low of Rs 135.95. This translates to an intraday volatility of 6.01%, calculated from the weighted average price. Ester Industries is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Ester Industries has outperformed with a 1-day performance of 6.95% while the Sensex saw a slight decline of -0.05%. In the past month, Ester Industries has shown a 1.06% increase in stock performance, while the Sensex saw a 1.80% increase.

While the stock call by MarketsMOJO is 'Sell', it is important to note that this is not a recommendation from experts or investors. It is simply a fact-based analysis of the stock's performance. As a smallcap company in the plastic products industry, Ester Industries continues to show potential for growth and investors should keep an eye on its performance in the future.