Kriti Industries (India) Hits All-Time High, Outperforms Sector with Strong Growth
Kriti Industries (India) has seen a surge in its stock price, reaching an all-time high of Rs.200 on June 19, 2024. The stock has been performing well, with a consecutive gain for the last 5 days and a 46.47% return. It is also trading higher than its moving averages and has shown a strong performance in the past year, indicating potential in the plastic products industry. MarketsMojo suggests holding onto the stock for now.
Kriti Industries (India), a microcap company in the plastic products industry, has recently hit an all-time high price of Rs.200 on June 19, 2024. The stock has been performing well, with a consecutive gain for the last 5 days and a 46.47% return in that period. Today, the stock has outperformed the sector by 3.35% and opened with a gain of 3.68%.
The stock has been highly volatile today, with an intraday volatility of 11.41%. However, it has been trading consistently at Rs.200 since opening. Kriti Industries is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, Kriti Industries has shown a strong performance with a 89.95% increase, compared to the Sensex's 22.67% performance. This indicates the company's growth and potential in the plastic products industry.
MarketsMOJO has given a 'Hold' call for Kriti Industries (India) stock, suggesting that investors hold onto their shares for now. With its recent all-time high and consistent performance, Kriti Industries is definitely a company to watch in the microcap segment of the plastic products industry.
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