Kingfa Science & Technology (India) Ltd reaches all-time high, receives 'Buy' call from MarketsMOJO

Kingfa Science & Technology (India) Ltd, a smallcap company in the plastic products industry, has recently reached an all-time high in its stock price. This positive trend has caught the attention of MarketsMOJO, who have given the stock a 'Buy' call.

The stock is currently trading at a price that is only 2.17% away from its 52-week high of Rs 3075.35. This shows a strong performance by the company, especially when compared to the overall sector performance. In fact, the stock has been gaining for the last 2 days and has risen by 4.12% during this period.

The stock has also been trading in a narrow range of Rs 22.5, indicating stability in its price movement. However, it has also shown high volatility today with an intraday volatility of 5.66%. This can be attributed to the weighted average price of the stock.

Moreover, Kingfa Science is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further strengthens the positive trend of the stock.

In terms of performance, Kingfa Science has outperformed the Sensex by 38.67% in the last year, while the Sensex has only shown a 24.03% growth. This showcases the company's strong performance and potential for growth in the future.

Overall, Kingfa Science & Technology (India) Ltd has shown a promising performance in the plastic products industry and has caught the attention of investors with its recent all-time high stock price. With a 'Buy' call from MarketsMOJO, the company is expected to continue its positive trend and deliver good returns for its investors.