Jagatjit Industries' Stock Reaches All-Time High, Outperforms Sector by 0.54%
Jagatjit Industries, a smallcap company in the breweries and distilleries industry, has recently reached an all-time high stock price of Rs. 290.1 on September 8th, 2024. Despite being rated as a 'Sell' by MarketsMojo, the stock has shown strong performance in the past year, outperforming the market by 121.24%.
Jagatjit Industries, a smallcap company in the breweries and distilleries industry, has recently seen a surge in its stock price. On September 8th, 2024, the company's stock reached an all-time high of Rs. 290.1, outperforming the sector by 0.54%. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.
The stock opened with a gain of 4.99% today, but has since fallen after two consecutive days of gains. It touched an intraday high of Rs. 290.1 and a low of Rs. 270. Jagatjit Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, Jagatjit Industries has shown a strong performance with a growth of 121.24%, while the Sensex has only grown by 23.23%. This indicates that the company has been able to outperform the market despite being a smallcap company.
It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss future potential. Investors should do their own research and consult with experts before making any investment decisions.
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