Kabra Extrusion Technik Hits New 52-Week High Amid Strong Market Performance

Kabra Extrusion Technik, a small-cap player in the engineering and industrial equipment sector, has recently reached a new 52-week high, with its stock price hitting Rs. 560 on December 30, 2024. This milestone reflects a robust performance, as the stock has outperformed its sector by 3.29% today alone.
Over the past three days, Kabra Extrusion has demonstrated a positive trend, accumulating a total return of 5.9%. The stock opened with a notable gain of 2.22% and achieved an intraday high of Rs. 560, marking a 5.43% increase during the trading session. However, the stock has also exhibited high volatility, with an intraday fluctuation of 9.12%.

In terms of moving averages, Kabra Extrusion is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward momentum. Over the past year, the company has delivered a remarkable performance of 36.69%, significantly outpacing the Sensex, which has recorded an 8.73% increase during the same period.