Kolte Patil Developers' Stock Soars 11.3%, Outperforms Sector by 9.23%
On October 17th, 2024, Kolte Patil Developers, a smallcap company in the construction and real estate industry, saw a significant increase in its stock price, gaining 11.3% and outperforming the sector by 9.23%. The stock has been on a positive trend, with a total increase of 12.18% in the last two days and trading higher than its moving averages. It has also outperformed the overall market and has been given a 'Strong Sell' call by MarketsMojo.
Kolte Patil Developers, a smallcap company in the construction and real estate industry, saw a significant increase in its stock price on October 17th, 2024. The stock gained 11.3%, outperforming the sector by 9.23%. This rise in stock price comes after the stock has been gaining for the last two days, with a total increase of 12.18% during this period.
The stock opened with a gain of 4.09% today and reached an intraday high of Rs 434.7, which is a 10.34% increase from the previous day's closing price. The stock has also been highly volatile today, with an intraday volatility of 25.41%, calculated from the weighted average price.
Kolte Patil Developers' stock is currently trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, but lower than its 200-day moving average. This indicates a positive trend in the stock's performance.
In comparison to the overall market performance, Kolte Patil Developers' stock has outperformed the Sensex by 11.33% in just one day. In the past month, the stock has also performed better than the Sensex, with a 4.08% increase compared to the Sensex's -1.93% decrease.
It is important to note that this information is based on facts and figures and does not include any external data or sources. The stock has been given a 'Strong Sell' call by MarketsMOJO, but it is always advisable to do your own research and consult with a financial advisor before making any investment decisions.
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