Oriental Aromatics Outperforms Sector and Market, Receives 'Buy' Call from MarketsMOJO

Nov 04 2024 10:20 AM IST
share
Share Via
Oriental Aromatics, a smallcap company in the chemicals industry, has been outperforming the sector with its stock gaining 8.67% on November 4th and consistently rising for the past 6 days. It has also received a 'Buy' call from MarketsMojo and hit a new 52-week high. Its strong business model and impressive growth make it a promising investment opportunity.


Oriental Aromatics, a smallcap company in the chemicals industry, has been making waves in the stock market with its recent performance. On November 4th, the company's stock gained 8.67%, outperforming the sector by 10.6%. This positive trend has been consistent for the past 6 days, with the stock rising by 14.22% in that period.

The stock's performance has caught the attention of MarketsMOJO, who have given it a 'Buy' call. This is further supported by the fact that Oriental Aromatics hit a new 52-week high of Rs.638.35 today, and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market, Oriental Aromatics has been performing exceptionally well. On a 1-day basis, the stock's performance is 7.97%, while the Sensex has seen a decline of -1.21%. Similarly, on a 1-month basis, the stock has gained 28.78%, while the Sensex has fallen by -3.59%.

This impressive performance can be attributed to Oriental Aromatics' strong business model and consistent growth. As a smallcap company, it has shown resilience in a challenging market and has proven to be a promising investment opportunity. With its stock on the rise and a 'Buy' call from MarketsMOJO, Oriental Aromatics is definitely a company to watch out for in the chemicals industry.
{{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