Raj Oil Mills' Stock Surges to 52-Week High, Outperforms Sector and Sensex

Raj Oil Mills, a microcap company in the solvent extraction industry, has recently seen a surge in its stock price. On April 24th, 2024, the company's stock reached a 52-week high of Rs. 62.82. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock's performance today has been impressive, outperforming the sector by 19.2%. It has also been on a consecutive gain streak for the past 6 days, with a 31.37% increase in returns during this period. The stock opened with a gain of 2.18% today and reached an intraday high of Rs. 62.82, which is a 20% increase.

Raj Oil Mills has shown high volatility today, with an intraday volatility of 8.97%. This is calculated from the weighted average price. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the solvent extraction sector, Raj Oil Mills has gained by 3.27%. This is a significant increase and shows the company's strong performance in the industry. In the past year, Raj Oil Mills has outperformed the Sensex with a 53.33% increase in its stock price, while the Sensex has only seen a 23.25% increase.

Overall, Raj Oil Mills has shown promising growth and performance in the solvent extraction industry. However, it is important to note that this is not a recommendation to buy or sell the stock. Investors should do their own research and make informed decisions based on facts and figures.