Radhika Jeweltech's Stock Price Soars 9.22%, Outperforms Sector and Sensex

Sep 04 2024 02:35 PM IST
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On September 4th, 2024, Radhika Jeweltech's stock price increased by 9.22%, closing at Rs 114.05. This was deemed as 'Hold' by MarketsMojo. The stock is currently 1.87% away from its 52-week high and has outperformed the sector by 9.57%. It has shown consecutive gains for the last 2 days and is trading higher than its moving averages. In comparison to the Sensex, Radhika Jeweltech's performance has been strong, with a 1-day increase of 9.22% and a 1-month increase of 49.62%.

Radhika Jeweltech, a smallcap company in the jewellery industry, saw a significant increase in its stock price on September 4th, 2024. The stock gained 9.22%, closing at Rs 114.05. This performance was deemed as 'Hold' by MarketsMOJO, a leading stock market analysis platform.

The stock's price summary shows that it is currently 1.87% away from its 52-week high of Rs 117. It also outperformed the sector by 9.57% on the same day. Radhika Jeweltech has been on a consecutive gain for the last 2 days, with a rise of 14.74% during this period. The stock's intraday high was Rs 115, a 9.37% increase from its previous close, while the intraday low was Rs 102.6, a decrease of 2.43%.

The stock has shown high volatility today, with an intraday volatility of 6.06%, calculated from the weighted average price. Additionally, Radhika Jeweltech is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Radhika Jeweltech's 1-day performance was 9.22%, while the Sensex showed a decrease of 0.41%. Over the past month, Radhika Jeweltech's performance has been 49.62%, while the Sensex showed a slight increase of 1.52%.

Overall, Radhika Jeweltech's stock has shown a strong performance in the past few days, outperforming the sector and showing a significant increase in its stock price. Investors may want to keep an eye on this smallcap company in the jewellery industry.
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