Kanoria Chemicals & Industries Ltd's Stock Surges, Outperforms Sector and Sensex

Sep 16 2024 10:05 AM IST
share
Share Via
Kanoria Chemicals & Industries Ltd, a microcap company in the chemicals industry, has seen a surge in its stock price, reaching a 52-week high of Rs.165 on September 16, 2024. The stock has outperformed the sector by 7.93% and has been on a consecutive gain for the last 2 days, with a 17.28% increase. It is currently trading above its moving averages, indicating a positive trend. In the past year, the stock has shown a 26.30% increase, outperforming the Sensex. This showcases the company's strong performance and potential for growth in the chemicals industry.

Kanoria Chemicals & Industries Ltd, a microcap company in the chemicals industry, has recently seen a surge in its stock price. On September 16, 2024, the company's stock reached a 52-week high of Rs.165. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock's performance today has been impressive, outperforming the sector by 7.93%. It has also been on a consecutive gain for the last 2 days, with a 17.28% increase in returns during this period. The stock's intraday high was Rs.165, showing a significant 11.52% increase.

Kanoria Chemicals & Industries Ltd's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, the company's stock has shown a 26.30% increase, outperforming the Sensex's performance of 22.54%. This showcases the company's strong performance and potential for growth in the chemicals industry.

As a microcap company, Kanoria Chemicals & Industries Ltd may not be as well-known as its larger counterparts, but its recent stock performance and positive outlook make it a company to watch out for in the chemicals industry.
{{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
Most Read
Why is Vishal Mega Mart falling/rising?
4 hours ago
share
Share Via
Why is Purple United falling/rising?
4 hours ago
share
Share Via
Why is Waaree Energies falling/rising?
4 hours ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
4 hours ago
share
Share Via
Why is Motherson Wiring falling/rising?
4 hours ago
share
Share Via
Why is DCX Systems falling/rising?
4 hours ago
share
Share Via
Why is Jana Small Finan falling/rising?
4 hours ago
share
Share Via