Gandhi Special Tubes Ltd: A Rising Star

Gandhi Special Tubes Ltd, a microcap company in the iron and steel industry, has been making headlines as its stock price reached an all-time high on December 26, 2023. The stock has been performing well in the market, with a 52-week high of Rs. 792 and a current outperformance of 6.46% in its sector.

In the last three days, the stock has seen a consecutive gain and has risen by 12.09%. Today, it touched an intraday high of Rs. 792, showing a high level of volatility with an intraday volatility of 5.27%. This is calculated from the weighted average price, indicating a significant interest from investors.

Gandhi Special Tubes Ltd has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance in the market.

In the past year, the company has shown a remarkable growth of 45.37%, outperforming the Sensex's performance of 17.67%. This showcases the company's potential and its ability to deliver returns to its shareholders.

With its recent surge in stock price and consistent growth, Gandhi Special Tubes Ltd is definitely a company to watch out for in the iron and steel industry. However, it is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.