Jagatjit Industries' Stock Reaches All-Time High, Outperforms Sector and Shows Strong Growth

Jagatjit Industries, a smallcap company in the breweries and distilleries industry, has recently seen a surge in its stock price. On September 13, 2024, the company's stock reached an all-time high, with a close of Rs 290.1. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

Despite this, Jagatjit Industries has been performing well in the market. It is currently only 0.05% away from its 52-week high and has outperformed the sector by 3.89% in today's trading. The stock has also been on a consecutive gain streak for the last 4 days, with a 8.6% increase in returns during this period.

In today's trading, Jagatjit Industries reached an intraday high of Rs 290, showing a 4.32% increase, and an intraday low of Rs 269.05, with a decrease of 3.22%. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Jagatjit Industries has shown a significant growth of 145.71% in the last year, compared to the Sensex's performance of 22.91%. This showcases the company's strong performance and potential for growth in the market.

Overall, Jagatjit Industries has been making positive strides in the market, with a strong stock performance and consistent gains. However, investors should keep an eye on the stock's rating and make informed decisions before investing.