Jubilant Industries' Stock Reaches 52-Week High, Outperforms Sector by 4.35%

Jubilant Industries, a smallcap company in the pesticides and agrochem industry, has been making headlines recently as its stock price reached a 52-week high on June 18, 2024. The stock has been performing well, outperforming the sector by 4.35% and gaining 30.66% in the last 6 days.

On June 18, the stock opened with a gain of 5% and touched an intraday high of Rs 1657.5, which is also its all-time high. The stock has been consistently gaining for the past 6 days and is currently trading at the same price it opened at.

Jubilant Industries has also been performing well in comparison to its moving averages, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, Jubilant Industries has shown a remarkable performance with a 199.97% increase in its stock price, while the Sensex has only seen a 21.88% increase. This showcases the company's strong growth and potential in the market.

However, it is important to note that this information is based on facts and should not be considered as a recommendation to buy or sell the stock. MarketsMOJO has given a 'Sell' call for Jubilant Industries, but it is always advisable to do your own research and consult a financial advisor before making any investment decisions.