Oriental Aromatics Surges in Stock Market, Outperforming Sector and Hitting New 52-Week High

Oriental Aromatics, a smallcap company in the chemicals industry, has been making waves in the stock market with its recent performance. On October 21st, the company's stock gained 7.68%, outperforming the sector by 7.81%. This positive trend has been consistent for the past two days, with the stock rising 19.69% in that period.

The stock has also hit a new 52-week high of Rs.589.8, showing strong growth potential for the company. This has caught the attention of MarketsMOJO, who have given a 'Buy' call for Oriental Aromatics.

Intraday trading saw the stock reach a high of Rs.589.8, a 7.24% increase from the previous day. Oriental Aromatics is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend for the company.

In comparison to the Sensex, Oriental Aromatics has outperformed with a 1-day performance of 7.59% while the Sensex has shown a -0.09% performance. In the past month, the company's stock has risen by 21.75%, while the Sensex has shown a -4.01% performance.

With its recent growth and positive outlook, Oriental Aromatics is proving to be a promising investment in the chemicals industry. Investors can look forward to continued success from this smallcap company.