Likhitha Infrastructure Ltd's Stock Reaches 52-Week High, Outperforms Sector and Sensex

Jun 12 2024 10:05 AM IST
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Likhitha Infrastructure Ltd, a smallcap company in the capital goods industry, has seen a significant increase in its stock price, reaching a 52-week high of Rs. 464.85 on June 12, 2024. The stock has outperformed its sector by 2.31% and has been on a consecutive gain streak for the past 6 days, with a remarkable 45.03% increase in returns. With a 'Hold' recommendation from MarketsMojo, investors can monitor the company's performance in the near future.

Likhitha Infrastructure Ltd, a smallcap company in the capital goods industry, has been making waves in the stock market recently. On June 12, 2024, the company's stock price reached a 52-week high of Rs. 464.85, which is a significant milestone for the company.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current stock call for Likhitha Infrastructure is 'Hold'. This indicates that the stock is expected to perform steadily in the near future.

In terms of performance, Likhitha Infrastructure has outperformed its sector by 2.31% and has been on a consecutive gain streak for the past 6 days. In this period, the stock has seen a remarkable 45.03% increase in returns. The stock also touched an intraday high of Rs. 464.85, showing strong momentum.

Furthermore, Likhitha Infrastructure is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, Likhitha Infrastructure has shown a remarkable 1-year performance of 68.96%, while the Sensex has only seen a 22.69% increase in the same period.

Overall, Likhitha Infrastructure's stock has been performing well and has shown promising growth in the past year. With a 'Hold' recommendation from MarketsMOJO, investors can keep a close eye on the company's performance in the coming days.
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