Ludlow Jute & Specialities Stock Reaches All-Time High, Signaling Strong Market Momentum
Ludlow Jute & Specialities has reached an all-time high stock price of Rs. 346, reflecting significant growth in the Paper, Forest & Jute Products sector. The company has outperformed the Sensex over various time frames, showcasing substantial gains both in the short and long term.
Ludlow Jute & Specialities has made headlines today as its stock price reached an all-time high of Rs. 346, marking a significant milestone for the microcap company in the Paper, Forest & Jute Products industry. The stock has shown impressive performance, outperforming its sector by 1.85% and achieving a consecutive gain over the past five days, with a remarkable 17.97% increase during this period.In terms of daily performance, Ludlow Jute & Specialities Ltd recorded a 1.50% rise, compared to the Sensex's 0.96%. Over the past week, the stock surged by 16.62%, while the Sensex only increased by 1.35%. The one-month performance stands out with a 43.36% gain against the Sensex's 1.18%.
Longer-term metrics reveal even more substantial growth, with a staggering 301.51% increase over the past year and an impressive 328.10% rise over three years. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
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