Lakshmi Mills Company Hits 52-Week High, Outperforms Sector with Impressive 58.99% Increase
Lakshmi Mills Company, a microcap textile company, has hit a 52-week high on June 28, 2024, with a current price of Rs. 5891.55. It has outperformed the sector by 19.47% and has been gaining for the last 3 days, with a rise of 26.91%. The stock is currently trading higher than its moving averages, indicating a positive trend. In the past year, it has shown a strong performance, showcasing its potential for growth and ability to outperform the market.
Lakshmi Mills Company, a microcap textile company, has recently hit a 52-week high on June 28, 2024. The stock has been performing well in the market, with a current price of Rs. 5891.55. MarketsMOJO has given a 'Sell' call for the stock.
The stock has outperformed the sector by 19.47% and has been gaining for the last 3 days, with a rise of 26.91% in this period. It also touched an intraday high of Rs. 5891.55, which is a 20% increase. However, the stock has been highly volatile today, with an intraday volatility of 8.68%.
Lakshmi Mills is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.
In the past year, Lakshmi Mills has shown a strong performance with a 58.99% increase, while the Sensex has only seen a 23.95% increase. This showcases the company's potential for growth and its ability to outperform the market.
Lakshmi Mills Company is a microcap company in the textile industry, and its recent performance in the market has been impressive. Investors should keep an eye on this stock as it continues to show promising growth potential.
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