Gujarat Apollo Industries' Stock Reaches All-Time High, Outperforms Sector by 2.24%

Gujarat Apollo Industries, a microcap company in the capital goods industry, has recently seen a surge in its stock price. On August 27, 2024, the company's stock reached an all-time high of Rs. 411, outperforming the sector by 2.24%. This marks a consecutive gain for the company, with a 51.77% increase in the last 5 days.

The stock has also shown high volatility, with an intraday volatility of 21.17%. This is calculated from the weighted average price, indicating a significant fluctuation in the stock's value throughout the day. However, despite this volatility, Gujarat Apollo Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Gujarat Apollo Industries has shown a strong performance over the past year, with a 76.67% increase in its stock price. This is significantly higher than the Sensex's performance of 25.96% during the same period.

MarketsMOJO has given a 'Sell' call for Gujarat Apollo Industries, indicating a potential decline in the stock's value. However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the stock's performance.

Overall, Gujarat Apollo Industries has shown a remarkable increase in its stock price, reaching an all-time high. Its strong performance in the capital goods industry and consistent gains over the past few days make it a company to watch out for in the market.