Kingfa Science & Technology (India) Ltd reaches all-time high, outperforms sector and Sensex

Kingfa Science & Technology (India) Ltd, a smallcap company in the plastic products industry, has recently reached an all-time high in its stock price on July 25th, 2024. The stock has been performing well, with a 'Hold' recommendation from MarketsMOJO.

The stock is currently trading at a price that is 2.85% away from its 52-week high of Rs 2879.8. It has also outperformed the sector by 10.32% in today's trading session. In the last 3 days, the stock has seen consecutive gains and has risen by 13.66%. The intraday high for the stock was Rs 2860.2, showing a significant increase of 11.74%, while the intraday low was Rs 2494.2, a decrease of 2.56%.

Kingfa Science & Technology (India) Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In the past year, the company's stock has shown a strong performance of 51.82%, outperforming the Sensex's performance of 20.61%. This showcases the company's growth and potential in the plastic products industry.

With its recent all-time high and positive performance, Kingfa Science & Technology (India) Ltd is a company to watch out for in the smallcap market. Investors can consider holding onto their stocks for potential future gains.