Indo Amines' Stock Price Soars 7.86% on September 2nd, Outperforming Sector and Sensex

Sep 02 2024 09:30 AM IST
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Indo Amines, a smallcap chemicals company, saw a 7.86% increase in its stock price on September 2nd, 2024, closing at Rs 183.05. It has outperformed the sector by 4% and is currently trading above its moving averages. Compared to the Sensex, it has shown strong returns of 9.75% in 1 day and 24.92% in 1 month.

Indo Amines, a smallcap company in the chemicals industry, has seen a significant increase in its stock price on September 2nd, 2024. The stock gained 7.86% and closed at Rs 183.05, just 1.46% away from its 52-week high of Rs 184.75. This performance has been deemed as 'Hold' by MarketsMOJO.

The stock has outperformed the sector by 4% and has been gaining for the last two days, with a rise of 11.17% in this period. It also touched an intraday high of Rs 183.05, showing a high volatility of 30.15% (calculated from weighted average price). Indo Amines is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Indo Amines has shown a strong performance with a 1-day return of 9.75% and a 1-month return of 24.92%, while the Sensex has only seen a 0.27% and 1.98% return, respectively.

Indo Amines is a company that specializes in the production of chemicals and has shown promising growth in the stock market. With its recent performance, it is definitely a stock to keep an eye on.
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