Khaitan (India) Ltd Hits All-Time High, Outperforms Sector and Sensex in Past Year

Khaitan (India) Ltd, a microcap company in the sugar industry, has recently hit an all-time high price of Rs.95.5 on February 26, 2024. However, according to MarketsMOJO, the stock call for Khaitan (India) is currently 'Sell'.

Today, the stock has underperformed the sector by -6.52% and has seen a trend reversal after three consecutive days of gains. It touched an intraday low of Rs.86.15, a decrease of -9.78% from its previous close. The stock has also shown high volatility today, with an intraday volatility of 76.59% calculated from the weighted average price.

Despite these fluctuations, Khaitan (India) is currently 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, Khaitan (India) has shown a strong performance with a 76.35% increase, outperforming the Sensex's performance of 22.80%. This showcases the company's potential for growth and success in the sugar industry.

Investors should keep an eye on Khaitan (India) as it continues to make waves in the market. However, it is important to note that this is not a recommendation to buy or sell the stock. This information is based on facts and data, and does not include any external sources or expert opinions.