Indokem Reaches 52-Week High, Signaling Strong Momentum in Dyes Sector

Jan 15 2025 09:35 AM IST
share
Share Via
Indokem, a microcap in the dyes and pigments sector, has reached a new 52-week high of Rs. 147.3, outperforming its sector significantly. The stock has shown strong momentum, delivering a 50% return over the past six days and achieving an annual return of 42.29%, well above the Sensex.
Indokem, a microcap player in the dyes and pigments industry, has reached a new 52-week high of Rs. 147.3 today, marking a significant milestone for the stock. The company has outperformed its sector by 5.48% today, showcasing robust market activity. Over the past six days, Indokem has delivered an impressive 50% return, reflecting strong momentum.

Today, the stock opened with a gain of 3.52% and peaked at Rs. 147.3, representing a 6.63% increase during intraday trading. Indokem is currently positioned favorably, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which signals a positive trend in its price movement.

On an annual basis, Indokem Ltd has achieved a return of 42.29%, significantly outpacing the Sensex's return of 4.51%. This performance underscores Indokem's strong standing within the dyes and pigments sector, highlighting its potential for continued growth.
{{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