Modi Naturals Hits 52-Week High, Outperforms Sector and Sensex with Strong Performance
Modi Naturals, a leading solvent extraction company, reached a 52-week high on October 10, 2024, with a 'Hold' call from MarketsMojo. The stock has been performing well, outperforming the sector by 1.93% and consistently trading at Rs.409.4. It has also shown a positive trend above its moving averages and a strong 1-year performance compared to the Sensex.
Modi Naturals, a leading player in the solvent extraction industry, has recently hit a 52-week high on October 10, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.
On October 10, the stock reached a new high of Rs.409.4, outperforming the sector by 1.93%. It has also been on a consecutive gain for the past 3 days, with a 6.02% increase in returns during this period. The stock has been trading at a steady price of 409.4 since its opening.
Modi Naturals has been consistently performing above its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates a positive trend in the stock's performance.
In comparison to the Sensex, Modi Naturals has shown a strong 1-year performance of 32.11%, while the Sensex has only seen a 23.98% increase. This showcases the company's growth and potential in the market.
As a microcap company, Modi Naturals has been able to achieve significant success in the solvent extraction industry. With its recent 52-week high and consistent performance, the company continues to be a promising player in the market.
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