Gratex Industries Hits 52-Week High, Outperforms Sector and Shows Consistent Gains

Jul 03 2024 09:35 AM IST
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Gratex Industries, a microcap trading company, has hit a 52-week high on July 3rd, 2024. The stock has outperformed the sector by 8.1% and gained 19.63% in the last two days. It opened today with a gain of 8.84% and has been consistently gaining for the past two days. The stock is currently trading higher than its moving averages, indicating a positive trend. Despite a 'Sell' call from MarketsMojo, Gratex Industries has shown strong performance and investors should keep an eye on its promising growth.

Gratex Industries, a microcap trading company, has recently hit a 52-week high on July 3rd, 2024. The stock has been performing well, outperforming the sector by 8.1% and gaining 19.63% in the last two days. It opened today with a gain of 8.84% and touched an intraday high of Rs 24.5. The stock has been consistently gaining for the past two days and has not traded for one day out of the last 20 days.

Gratex Industries is currently 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, Gratex Industries has shown a strong performance with a 45.83% increase, while the Sensex has only seen a 22.54% increase.

MarketsMOJO has given a 'Sell' call for Gratex Industries, but the stock's recent performance suggests otherwise. With a strong 52-week high and consistent gains, Gratex Industries seems to be on a positive trajectory. Investors should keep an eye on this microcap trading company as it continues to show promising growth.
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