Garodia Chemical Reaches New High Amidst Erratic Trading Patterns and Strong Annual Returns

Jan 13 2025 10:05 AM IST
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Garodia Chemical has reached a new 52-week high, outperforming its sector and achieving consecutive gains over two days. Despite erratic trading patterns, the stock is currently above its moving averages, reflecting a positive trend. Over the past year, it has significantly outperformed the Sensex.
Garodia Chemical, a microcap player in the chemicals industry, has reached a new 52-week high of Rs. 9.68 as of January 13, 2025. The stock has demonstrated notable performance today, outperforming its sector by 6.17%. Over the past two days, Garodia Chemical has recorded consecutive gains, resulting in a total return of 10.13%.

Despite this recent success, the stock has shown erratic trading patterns, having not traded on two out of the last 20 days. However, it is currently trading above its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive trend in its price movement.

In terms of annual performance, Garodia Chemical has achieved a return of 19.07% over the past year, significantly outperforming the Sensex, which recorded a return of 5.89%.
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