Lakhotia Polyesters Hits New 52-Week High of Rs. 152.9

Lakhotia Polyesters (India) has reached a significant milestone by hitting a new 52-week high of Rs. 152.9 today, marking a notable achievement for the microcap company in the Garments & Apparels industry. This new high reflects a remarkable performance, as the stock has gained 178% over the past 21 days, showcasing a strong upward trend.
Today, Lakhotia Polyesters opened with a gain of 4.98%, maintaining its position at the day's high of Rs. 152.9. The stock has consistently outperformed its sector by 4.69%, indicating robust market activity. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further emphasizing its strong performance metrics.

In the broader market context, the Sensex opened higher at 81,900.00, reflecting a gain of 126.34 points, and is currently trading at 81,859.30. The overall market sentiment appears positive, with mid-cap stocks leading the way. Lakhotia Polyesters' impressive one-year performance of 336.86% stands in stark contrast to the Sensex's modest gain of 0.44%, highlighting its exceptional growth trajectory.