Gujarat Raffia Industries Achieves Record Stock Price Amid Strong Performance Metrics

Dec 29 2024 09:20 AM IST
share
Share Via
Gujarat Raffia Industries has achieved a significant milestone, reaching an all-time high stock price of Rs. 101.11. The company has demonstrated impressive performance, outperforming its sector and showing a substantial increase over the past year. However, MarketsMojo has made a revision in its score for the stock.
Gujarat Raffia Industries, a microcap player in the packaging industry, has recently achieved a significant milestone by reaching an all-time high of Rs. 101.11 on December 29, 2024. This remarkable performance reflects a robust upward trend, with the stock gaining 63.08% over the past ten days alone, outperforming its sector by 4.98% today.

The stock opened with a notable gain of 3.63%, indicating strong market activity. Throughout the trading session, it reached an intraday high of Rs. 101.11, marking a 4.99% increase. Gujarat Raffia Industries has consistently demonstrated strength, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is often seen as a positive indicator of momentum.

Over the past year, the company has delivered impressive returns of 70.02%, significantly outpacing the Sensex, which recorded a performance of 9.25%. This strong performance underscores Gujarat Raffia Industries' position within the packaging sector as it continues to navigate the market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News