Gujarat Hotels Hits Record High Amid Strong Performance and Sector Outperformance

Dec 28 2024 09:20 AM IST
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Gujarat Hotels has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong market performance. The stock reached an all-time high of Rs. 294.7, outperforming its sector and delivering impressive returns over the past year, significantly exceeding the broader market index.
Gujarat Hotels has recently achieved a significant milestone, reaching an all-time high of Rs. 294.7 on December 28, 2024. This microcap company, operating within the hotel, resort, and restaurant industry, has demonstrated impressive performance metrics, notably outperforming its sector by 2.73% today.

The stock has shown remarkable momentum, gaining 24.71% over the past three days, with a notable opening gain of 5.68% today. Throughout the trading session, Gujarat Hotels experienced an intraday high of Rs. 294.7, while the day's low was recorded at Rs. 270, reflecting a decline of 3.17%.

In terms of moving averages, Gujarat Hotels is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Over the past year, the company's stock has surged by 75.90%, significantly outpacing the Sensex, which has seen a growth of only 9.25%. This performance underscores Gujarat Hotels' robust position in the market and its ability to deliver substantial returns to shareholders.
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