Himadri Speciality Chemical's Stock Reaches All-Time High, Outperforms Sensex in 1-Year Return

Himadri Speciality Chemical, a leading player in the chemicals industry, has recently seen a surge in its stock price, reaching an all-time high on August 20, 2024. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock is currently trading at 0.89% below its 52-week high of Rs 494.35, indicating a strong performance in the market. In fact, Himadri Speciality Chemical has been gaining for the past two days, with a 5.63% increase in its returns during this period. This is in line with the overall performance of the chemicals sector.

Moreover, the stock has been consistently trading at its opening price of 490, showing stability in its value. In addition, Himadri Speciality Chemical is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In terms of long-term performance, Himadri Speciality Chemical has outperformed the Sensex by a significant margin, with a 1-year return of 192.45% compared to Sensex's 24.09%. This showcases the company's strong growth and potential in the chemicals industry.

With its consistent performance and positive outlook, Himadri Speciality Chemical is definitely a stock to watch out for in the largecap category. Investors can consider adding this stock to their portfolio for long-term growth and returns.