Kemistar Corporation Hits All-Time High, Outperforms Sector Despite Volatility

Aug 08 2024 09:30 AM IST
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Kemistar Corporation, a microcap trading company, reached an all-time high on August 8th, 2024, with a stock price of Rs.81.49. Despite underperforming the sector by -4.24%, the stock has shown a trend reversal after 7 consecutive days of gains. It remains above its moving averages and has shown a remarkable performance of 108.24% in the past year. However, according to MarketsMojo, the stock call is 'Sell'.
Kemistar Corporation Hits All-Time High, Outperforms Sector Despite Volatility
Kemistar Corporation, a microcap trading company, has recently hit an all-time high on August 8th, 2024. The stock, which is currently trading at Rs.81.49, opened with a gain of 5% today. However, it has underperformed the sector by -4.24% and has shown a trend reversal after 7 consecutive days of gains. The stock has been highly volatile today, with an intraday volatility of 5%. It touched an intraday high of Rs.81.49 and a low of Rs.73.73. Despite this, Kemistar Corp. is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, Kemistar Corporation has shown a remarkable performance of 108.24%, while the Sensex has only shown a 20.36% increase. This highlights the company's strong growth and potential in the trading industry. However, according to MarketsMOJO, the stock call for Kemistar Corporation is 'Sell'. This is based on their analysis and should not be considered as a recommendation. It is important to note that this news article is purely informative and does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and figures, without any external sources.
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