Everest Organics Hits 52-Week High with 142.96% Annual Return

Dec 27 2024 10:35 AM IST
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Everest Organics has recently been added to MarketsMojo's list following a revision in its score, reflecting its impressive performance metrics. The stock reached a new 52-week high and has significantly outperformed its sector, showcasing a remarkable annual return that far exceeds broader market indices.
Everest Organics, a microcap player in the Pharmaceuticals & Drugs industry, has recently reached a new milestone, hitting a 52-week high of Rs. 301.15 on December 27, 2024. This achievement comes as the stock has demonstrated impressive performance, outperforming its sector by 1.13% today.

The stock has shown remarkable momentum, gaining for nine consecutive days and delivering a substantial return of 42.09% during this period. It opened with a 2% increase today, maintaining its trading price at Rs. 301.15 throughout the session.

In terms of technical indicators, Everest Organics is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Over the past year, the company has achieved a remarkable performance of 142.96%, significantly outpacing the Sensex, which recorded a growth of 9.67%. This performance highlights Everest Organics' position within the competitive landscape of the pharmaceutical sector.
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