Kriti Industries (India) Stock Soars, Outperforms Sector and Sensex on Strong Performance

Kriti Industries (India), a smallcap company in the plastic products industry, has seen a significant increase in its stock price on September 17, 2024. The stock has gained 9.26%, outperforming the sector by 9.12%. The stock opened with a gap up of 6.35% and reached an intraday high of Rs.262.4, which is also its new 52-week and all-time high. The stock has been gaining for the last two days and has risen 19.93% in this period.

Kriti Industries (India) has also shown high volatility today, with an intraday volatility of 5.41%. This is calculated from the weighted average price. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Kriti Industries (India) has outperformed with a 1-day performance of 8.01% while the Sensex has shown a slight decline of -0.08%. In the last month, the stock has also performed well with a 1-month performance of 11.54% compared to the Sensex's 3.09% growth.

Overall, Kriti Industries (India) has shown a strong performance in the stock market, with a significant increase in its stock price and outperforming the sector and Sensex. Investors may want to hold onto their stocks, as suggested by MarketsMOJO's 'Hold' call.