Omnitex Industries (India) Stock Surges to All-Time High, Outperforming Sector by 4.2%

Aug 17 2024 09:20 AM IST
share
Share Via
Omnitex Industries (India), a microcap textile company, has seen a surge in its stock price, reaching an all-time high of Rs.207.8 on August 17, 2024. The stock has outperformed the sector by 4.2% and has shown consecutive gains for the last 6 days. It is currently trading above its moving averages, indicating a positive trend. However, investors should conduct their own research before making any investment decisions.

Omnitex Industries (India), a microcap textile company, has recently seen a surge in its stock price, reaching an all-time high of Rs.207.8 on August 17, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been performing well in the past few days, outperforming the sector by 4.2%. It has also shown a consecutive gain for the last 6 days, with a 33.21% increase in returns during this period. Today, the stock opened with a gain of 4.98% and touched an intraday high of Rs.207.8.

Omnitex Industries (India) has been trading in a narrow range of Rs.0.85 and is currently higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In comparison to the Sensex performance, Omnitex Industries (India) has shown a NA% return in the past year. However, it is important to note that this is a microcap company, and its performance may not be reflective of the overall market trends.

Overall, Omnitex Industries (India) has shown a strong performance in the past few days, with its stock price reaching an all-time high. However, investors should do their own research and consider all factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News