Microcap Textile Company LWS Knitwear Ltd. Sees Surge in Stock Price, Outperforming Sector and Sensex
LWS Knitwear Ltd., a microcap textile company, has seen a surge in its stock price, reaching a 52-week high on February 12, 2024. The stock is currently trading at Rs.33.1 and has outperformed the sector by -5.26% today. According to MarketsMojo, the stock's performance has been rated as 'Hold' and it has shown a remarkable growth of 130.24% in the past year, highlighting its strong position in the textile industry.
LWS Knitwear Ltd., a microcap textile company, has recently seen a surge in its stock price, reaching a 52-week high on February 12, 2024. The stock, which is currently trading at Rs.33.1, opened with a gain of 4.85% today and touched an intraday high of Rs.33.1. However, it underperformed the sector by -5.26% today.
According to MarketsMOJO, a leading financial analysis platform, the stock's performance has been rated as 'Hold'. The company's stock has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
In the past year, LWS Knitwear Ltd. has shown a remarkable performance with a growth of 130.24%, outperforming the Sensex's performance of 18.06%. This highlights the company's strong position in the textile industry.
LWS Knitwear Ltd. is a microcap company in the textile industry, and its recent surge in stock price reflects its potential for growth and success in the market. Investors should keep an eye on this company as it continues to make strides in the industry.
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