Radhika Jeweltech's Stock Reaches All-Time High, Outperforms Sector and Sensex

Radhika Jeweltech, a smallcap company in the jewellery industry, has been making waves in the stock market as its price reached an all-time high on August 23, 2024. The stock has been performing well, with MarketsMOJO giving it a 'Hold' rating.

On the day of the all-time high, Radhika Jeweltech's stock hit a new 52-week high of Rs.102.61, outperforming the sector by 3.5%. The stock has been on a consecutive gain for the past 2 days, with a 4.93% increase in returns during this period. It also saw a high volatility of 97.14% on the same day, calculated from the weighted average price.

In addition, Radhika Jeweltech is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In terms of its one-year performance, Radhika Jeweltech has outperformed the Sensex by a significant margin, with a 189.71% increase compared to Sensex's 24.02% growth.

As a smallcap company in the jewellery industry, Radhika Jeweltech has shown promising growth and potential in the stock market. Investors may want to keep an eye on this company as it continues to make strides in the industry.