Indo Amines Stock Surges 8.65% to Reach New 52-Week High, Outperforms Sector and Sensex

Indo Amines, a smallcap company in the chemicals industry, has seen a significant increase in its stock price on September 9, 2024. The stock has gained 8.65% and is currently trading at a new 52-week high of Rs. 224.75. This performance has caught the attention of MarketsMOJO, who have given a 'Hold' call for the stock.

In today's trading session, Indo Amines has outperformed the sector by 7.98%. The stock has also been on a consecutive gain for the last 2 days, with a total rise of 13.18% during this period. It opened with a gap up of 2.37% and touched an intraday high of Rs. 224.75, a gain of 7.43%.

Indo Amines is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, Indo Amines has outperformed with a 1-day performance of 11.02% while the Sensex has shown a slight decline of -0.05%. In the last month, Indo Amines has also outperformed the Sensex with a 36.06% increase in its stock price, while the Sensex has only seen a 1.80% rise.

Overall, Indo Amines has shown a strong performance in the stock market, with a significant increase 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.