Lakhotia Polyesters Hits New 52-Week High of Rs. 185.7
Lakhotia Polyesters (India) has reached a significant milestone by hitting a new 52-week high of Rs. 185.7 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 177.37% over the past 21 days, demonstrating consistent upward momentum.Today, Lakhotia Polyesters opened with a gap up of 4.97%, indicating strong market activity. The stock has outperformed its sector by 4.66%, showcasing its competitive position within the market. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a robust trend.
In the broader market context, the Sensex opened positively, trading at 82,258.66, just 2.24% away from its own 52-week high. The overall market sentiment appears bullish, with mid-cap stocks leading the gains today. Lakhotia Polyesters' impressive performance over the past year, with a staggering 431.33% increase, stands in stark contrast to the Sensex's modest growth of 0.53%.
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