Ludlow Jute Hits All-Time High Amidst Surge in Buying Activity

Ludlow Jute & Specialities Ltd is witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose only 0.07%. Over the past week, Ludlow Jute has surged by 27.47%, while the Sensex declined by 0.34%. The stock's performance over the last month shows a remarkable increase of 72.44%, compared to the Sensex's modest gain of 3.38%.
Notably, Ludlow Jute has achieved a new 52-week and all-time high of Rs. 438 today, reflecting a strong upward trend. The stock has been on a consecutive gain streak for the last seven days, accumulating a total return of 33.55% during this period. It opened with a gap up of 5% and reached an intraday high of Rs. 438, indicating robust buyer interest.

Ludlow Jute is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its strong market position. The stock has shown impressive long-term performance, with a staggering 1,574.95% increase over the past decade, significantly outpacing the Sensex's 197.11% growth in the same timeframe.