Lakhotia Polyesters Hits All-Time High of Rs. 138.75 After 21.44% Weekly Gain

Lakhotia Polyesters (India) Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose by only 0.22%. Over the past week, Lakhotia Polyesters has surged by 21.44%, while the Sensex recorded a modest increase of 2.12%. The stock's performance over the last month is particularly noteworthy, with a remarkable 177.17% increase compared to the Sensex's 1.56%.
This microcap company has shown consistent strength, achieving consecutive gains for the last 21 days, culminating in a total return of 177.17% during this period. Today, the stock opened with a gap up at Rs. 138.75, which also marks its new 52-week and all-time high. The intraday high reached the same level of Rs. 138.75, indicating strong buyer momentum.

Lakhotia Polyesters is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend. The stock has outperformed its sector by 4.81%, reflecting positive market sentiment and potential underlying factors contributing to the heightened buying pressure.