Nocil's Stock Price Rises 7.0% on Strong Market Performance, Hits 52-Week High

Nocil ., a smallcap company in the chemicals industry, has seen a 7.0% increase in its stock price on June 20, 2024. This rise in stock price has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading stock market analysis platform, Nocil's stock is currently rated as 'Hold'. The company's stock has also hit a new 52-week high of Rs.303.95 on the same day, outperforming the sector by 5.3%.

Nocil has been on a winning streak for the past 3 days, with a consecutive gain of 11.23% during this period. The stock also touched an intraday high of Rs.303.95, showing a significant increase of 8.61%.

In addition, Nocil's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

Compared to the overall performance of the Sensex, Nocil has outperformed with a 1-day performance of 7.41% as opposed to Sensex's 0.08%. Similarly, in the past month, Nocil has shown a 14.65% increase in its stock price, while Sensex has only seen a 4.58% increase.

Overall, Nocil's stock has been performing well in the market, with a strong upward trend and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap company in the chemicals industry for potential future growth.