Indo Amines Stock Sees 7.25% Increase, Outperforms Sector and Sensex

Indo Amines, a smallcap company in the chemicals industry, has seen a 7.25% increase in its stock price on September 16, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The company's stock is currently trading close to its 52-week high, with only a 1.83% difference. It has also outperformed the sector by 7.56% today. Indo Amines has been on a consecutive gain streak for the past 3 days, with a 13.26% increase in returns during this period. The stock also reached an intraday high of Rs 246.2, showing a high level of volatility with a 6.53% intraday volatility.

In terms of moving averages, Indo Amines is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In comparison to the Sensex, Indo Amines has shown a 1-day performance of 7.49%, while the Sensex has only seen a 0.12% increase. Similarly, in the past month, Indo Amines has outperformed the Sensex with a 51.13% increase compared to the Sensex's 3.17% increase.

Overall, Indo Amines has shown strong performance in the market, with a positive trend in its stock price and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap company in the chemicals industry.