Gujarat Terce Laboratories' Stock Hits 52-Week High, Outperforms Sector by 4.96%

Sep 16 2024 09:46 AM IST
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Gujarat Terce Laboratories, a microcap pharmaceutical company, has seen a surge in its stock price, hitting a 52-week high on September 16, 2024. The stock has consistently outperformed its sector and is currently trading at an all-time high of Rs 75.11. Despite a 'Sell' call from MarketsMojo, the company's stock has shown impressive growth in the past year.

Gujarat Terce Laboratories, a microcap pharmaceutical company, has recently seen a surge in its stock price, hitting a 52-week high on September 16, 2024. The stock has been performing well in the market, outperforming its sector by 4.96% and gaining 23.13% in the last 5 days.

On September 16, the stock opened with a gain of 4.99% and touched an intraday high of Rs 75.11, which is also its all-time high. The stock has been consistently gaining for the past 5 days and is currently trading at the same price of Rs 75.11.

Gujarat Terce Laboratories is also 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 stock has shown an impressive performance of 275.55%, while the Sensex has only grown by 22.45%.

Despite the recent surge in stock price, MarketsMOJO has given a 'Sell' call for Gujarat Terce Laboratories. 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.

Gujarat Terce Laboratories is a microcap company in the pharmaceutical industry, and its recent stock performance shows promising growth. Investors should keep an eye on the company's future developments and performance in the market.
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