Gujarat Poly Electronics Hits 52-Week High, Outperforms Sector and Sensex

Sep 24 2024 09:36 AM IST
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Gujarat Poly Electronics, a microcap company in the electronics components industry, has reached a new milestone as its stock price hit a 52-week high of Rs. 143.99 on September 24, 2024. The stock has been performing well, outperforming the sector and showing a significant increase in returns. This news highlights the company's strong performance and growth potential in the industry.

Gujarat Poly Electronics, a microcap company in the electronics components industry, has recently reached a new milestone. On September 24, 2024, the company's stock price hit a 52-week high of Rs. 143.99. This news has caught the attention of investors and market analysts, with MarketsMOJO giving a "Sell" call for the stock.

The stock has been performing well, outperforming the sector by 5.68% and gaining for the last 5 consecutive days. In this period, it has seen a significant increase of 31.78% in returns. Today, the stock opened with a gain of 4.9% and touched an intraday high of Rs. 143.99, which is a 9.06% increase.

Gujarat Poly Electronics is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. In the past year, the company's stock has shown an impressive growth of 159.00%, while the Sensex has only seen a 28.64% increase.

This news is a testament to the company's strong performance and growth potential in the electronics components industry. However, it is important to note that this article is not a recommendation to buy or sell the stock. It is purely based on factual information and does not mention any future potential or expert opinions. Investors are advised to do their own research and make informed decisions.
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