Jattashankar Industries Achieves All-Time High Stock Price Amid Strong Performance

Dec 27 2024 09:35 AM IST
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Jattashankar Industries has recently been added to MarketsMojo's list following a revision in its score, reflecting its impressive market performance. The stock reached an all-time high of Rs. 133.25, showcasing a significant year-over-year increase and consistently outperforming its sector. Its strong upward trend is supported by favorable moving averages.
Jattashankar Industries, a microcap player in the textile industry, has recently achieved a significant milestone by reaching an all-time high of Rs. 133.25 on December 27, 2024. This remarkable performance comes as the stock has outperformed its sector by 4.76% today, marking a notable trend of consecutive gains over the past three days, during which it has delivered a return of 15.67%.

The stock opened with a gap up of 4.96%, reflecting strong market activity, and maintained its trading price throughout the day without any fluctuations. Over the last 20 trading days, Jattashankar Industries exhibited erratic trading patterns, with one day of inactivity.

In terms of moving averages, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend. Over the past year, Jattashankar Industries has demonstrated exceptional performance, boasting a staggering increase of 485.71%, significantly outpacing the Sensex, which recorded a growth of 9.31%.
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