Rajoo Engineers' Stock Price Reaches All-Time High, Shows Impressive Growth in Plastic Industry

Rajoo Engineers, a midcap company in the plastic products industry, has recently seen a surge in its stock price. On September 17, 2024, the company's stock price reached an all-time high, according to data from MarketsMOJO. The stock is currently trading at a price that is 0.29% away from its 52-week high of Rs 410.5.

Despite the recent increase in stock price, MarketsMOJO has given a 'Hold' call for Rajoo Engineers. This means that while the stock is performing well, it is not recommended for investors to buy or sell at this time.

In terms of performance, Rajoo Engineers is in line with the overall sector. The company's 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 past year, Rajoo Engineers has shown an impressive growth of 947.05%, outperforming the Sensex's performance of 22.19%. This highlights the company's strong performance and potential for growth in the plastic products industry.

As a midcap company, Rajoo Engineers has established itself as a key player in the industry and continues to show promising growth. With its stock price reaching an all-time high, the company is definitely one to watch in the coming months.