Gujarat Terce Laboratories Hits 52-Week High, Outperforms Sector and Sensex

Sep 17 2024 09:36 AM IST
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Gujarat Terce Laboratories, a microcap pharmaceutical company, has reached a 52-week high on September 17, 2024. The stock has been performing well, outperforming the sector by 4.85% and seeing a consecutive gain for the last 6 days. It has also shown a 293.50% increase in the past year, indicating strong potential for growth in the industry.

Gujarat Terce Laboratories, a microcap pharmaceutical company, has recently hit a 52-week high on September 17, 2024. The stock has been performing well in the market, with a 'Sell' call by MarketsMOJO.

The stock opened today at Rs.78.7, which is also its new 52-week and all-time high. It has outperformed the sector by 4.85% and has been on a consecutive gain for the last 6 days, with a 29.02% increase in returns during this period. The stock also opened with a gain of 4.78% today and touched an intraday high of Rs.78.7.

Gujarat Terce Laboratories is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, the company's performance has been impressive, with a 293.50% increase, while the Sensex has only seen a 22.26% growth. This shows the company's strong performance and potential for growth in the pharmaceutical industry.

Investors and experts are keeping a close eye on Gujarat Terce Laboratories as it continues to make strides in the market. With its recent 52-week high and consistent gains, the company is proving to be a strong player in the microcap segment of the pharmaceutical industry.
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