S H Kelkar & Company Hits 52-Week High, Receives 'Buy' Call from MarketsMOJO

Aug 23 2024 11:35 AM IST
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S H Kelkar & Company, a leading chemicals player, reached a 52-week high of Rs.240.75 on 23rd August 2024. MarketsMojo has given a 'Buy' call for the stock, indicating its potential for growth and profitability. The stock has outperformed the sector by 3.9% and is trading above its moving averages, showcasing its strong performance and consistent growth.

S H Kelkar & Company, a leading player in the chemicals industry, has recently hit a 52-week high on the stock market. The company's stock price reached Rs.240.75 on 23rd August 2024, which is a significant milestone for the smallcap company.

MarketsMOJO, a renowned stock market analysis firm, has given a 'Buy' call for S H Kelkar & Company's stock. This is a positive sign for investors, as it indicates the company's potential for growth and profitability.

The stock's performance today has been impressive, outperforming the sector by 3.9%. It opened with a gain of 3.3% and touched an intraday high of Rs.240.75, which is a 5.85% increase from the previous day's closing price.

S H Kelkar & Company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend in the stock's price and reflects the company's consistent performance.

In the past year, S H Kelkar & Company's stock has shown a remarkable growth of 47.77%, outperforming the Sensex's performance of 23.99%. This is a testament to the company's strong fundamentals and its ability to deliver value to its shareholders.

With its recent 52-week high and positive outlook from MarketsMOJO, S H Kelkar & Company is definitely a stock to watch out for in the chemicals industry. Its consistent performance and potential for growth make it a promising investment option for investors.
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