Himadri Speciality Chemical Ltd Surges 4.39%, Hits New 52-Week High Amid Positive Market Outlook

Sep 02 2024 10:00 AM IST
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Himadri Speciality Chemical Ltd, a leading player in the chemical industry, saw a 4.39% increase in its stock price on September 2nd, 2024, reaching a new 52-week and all-time high of Rs. 550.75. The stock has also outperformed the sector and is currently trading above its moving averages. With a strong performance and positive outlook, it is a stock to watch out for in the chemical industry.

Himadri Speciality Chemical Ltd, a leading player in the chemical industry, has seen a positive surge in its stock price on September 2nd, 2024. The stock has gained 4.39% and is currently trading at a new 52-week and all-time high of Rs. 550.75. This performance has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock has also outperformed the sector by 3.65% and has shown a trend reversal after two consecutive days of fall. The day's high for the stock was Rs. 550.75, which is a 5.47% increase from the previous day's close. This positive trend is further supported by the fact that Himadri Speciality Chemical is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Himadri Speciality Chemical has shown a strong performance with a 1-day gain of 4.39% compared to the Sensex's 0.28% gain. Over the past month, the stock has also outperformed the Sensex with a 16.67% gain compared to the Sensex's 1.99% gain.

With its strong performance and positive outlook, Himadri Speciality Chemical is a stock to watch out for in the chemical industry. Investors can take advantage of this opportunity and consider adding this largecap company to their portfolio.
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