Indo Rama Synthetics (India) Stock Reaches 52-Week High, Outperforms Sector Today

Jan 10 2024 10:36 AM IST
share
Share Via
Indo Rama Synthetics (India), a smallcap textile company, has seen a surge in its stock price, reaching a 52-week high on January 10th, 2024. The stock has been given a 'Sell' rating by MarketsMojo. It has outperformed the sector by 5.28% today and is currently trading above its moving averages, indicating a positive trend. However, its stock price growth in the past year has been lower than the market average, suggesting weaker performance compared to its competitors.
Indo Rama Synthetics (India) Stock Reaches 52-Week High, Outperforms Sector Today
Indo Rama Synthetics (India), a smallcap textile company, has recently seen a surge in its stock price, reaching a 52-week high on January 10th, 2024. The stock has been given a 'Sell' rating by MarketsMOJO, a leading financial analysis and research firm. The stock has shown strong performance today, outperforming the sector by 5.28%. It touched an intraday high of Rs 61.3, which is an 8.19% increase from the previous day's closing price. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. In the past year, Indo Rama Synthetics (India) has shown a 4.67% increase in its stock price, while the Sensex has shown a higher growth of 18.79%. This suggests that the company's performance may not be as strong as its competitors in the market. Indo Rama Synthetics (India) is a smallcap company in the textile industry. While the recent surge in its stock price may be promising, it is important to note that this is not a recommendation to buy or sell the stock. It is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News