Lakhotia Polyesters Achieves 52-Week High Amid Strong Market Momentum

Lakhotia Polyesters (India) has made headlines today as its stock price reached a new 52-week high of Rs. 77.49, marking a significant milestone for the microcap company in the Garments & Apparels industry. The stock has shown impressive performance, outperforming its sector by 4.77% and achieving a remarkable 54.79% return over the past nine consecutive days.
Opening with a gain of 5%, Lakhotia Polyesters has maintained its trading price at Rs. 77.49 throughout the day, reflecting strong market momentum. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

In the broader market context, the Sensex opened higher at 83,108.92, gaining 415.21 points (0.5%) and is currently trading at 83,040.93. The index is also nearing its 52-week high, demonstrating a bullish sentiment across the market. Over the past year, Lakhotia Polyesters has delivered an impressive 183.85% return, significantly outpacing the Sensex's modest 0.10% performance. The stock's 52-week low stands at Rs. 23.75, highlighting its substantial growth trajectory.