Jaysynth Dyestuff (India) Ltd's Stock Reaches All-Time High, Outperforms Sector and Sensex

Jan 18 2024 09:20 AM IST
share
Share Via
Jaysynth Dyestuff (India) Ltd, a microcap company in the dyes and pigments industry, has reached an all-time high stock price of Rs. 143 on January 18, 2024. The stock has been consistently outperforming the sector and has shown a 1-year growth of 100.00%, indicating strong potential for the company.

Jaysynth Dyestuff (India) Ltd, a microcap company in the dyes and pigments industry, has been making waves in the stock market with its recent performance. On January 18, 2024, the company's stock price reached an all-time high of Rs. 143, which is a significant milestone for the company.

MarketsMOJO, a leading stock market analysis and recommendation platform, has given a 'Buy' call for Jaysynth Dyestuff (India) Ltd. This is a positive sign for investors who are looking to invest in the company.

The stock has been performing exceptionally well, outperforming the sector by 2.22% on the day of the all-time high. It has also been on a consecutive gain streak for the last 4 days, with a 18.04% increase in its stock price during this period. The stock opened with a gap up of 2.4% and touched an intraday high of Rs. 143.

One notable aspect of the stock's performance is that it has been consistently trading above its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the company's stock.

In comparison to the Sensex, Jaysynth Dyestuff (India) Ltd has shown an impressive 1-year performance of 100.00%, while the Sensex has only grown by 16.51%. This further highlights the company's strong performance and potential for growth.

Jaysynth Dyestuff (India) Ltd's success can be attributed to its strong presence in the dyes and pigments industry, which is expected to grow significantly in the coming years. With its recent all-time high and positive outlook, the company is definitely one to watch out for in the stock market.
{{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