Saboo Sodium Chloro Ltd's Stock Reaches 52-Week High, Outperforms Sector and Index.

Sep 12 2024 12:05 PM IST
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Saboo Sodium Chloro Ltd, a microcap FMCG company, has reached a new milestone as its stock price touched a 52-week high of Rs.26.48 on September 12, 2024. The stock has shown consecutive gains for the past two days, outperforming the sector by 10.31% today. It has also shown high volatility, indicating strong activity in the market. With a positive trend and strong past performance, the stock is currently recommended as a 'Hold' by MarketsMojo.

Saboo Sodium Chloro Ltd, a microcap FMCG company, has reached a new milestone as its stock price touched a 52-week high of Rs.26.48 on September 12, 2024. This comes after the stock has been gaining for the past two days, with a consecutive gain of 11.85% during this period. The stock has also outperformed the sector by 10.31% today, showing strong performance in the market.

The day's high for Saboo Sodium Chloro Ltd was Rs.26.48, which is a 15.28% increase from the previous day's closing price. The stock has also shown high volatility today, with an intraday volatility of 7.91%, calculated from the weighted average price. This indicates that the stock has been highly active in the market.

In terms of moving averages, Saboo Sodium Chloro Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This shows a positive trend for the stock and indicates a potential for further growth.

In the past year, Saboo Sodium Chloro Ltd has shown a strong performance of 32.54%, outperforming the Sensex's performance of 21.59%. This showcases the company's ability to deliver returns to its investors.

Overall, Saboo Sodium Chloro Ltd has shown a strong performance in the market, reaching a new 52-week high and outperforming the sector and benchmark index. With its positive trend and strong past performance, the stock is currently recommended as a 'Hold' by MarketsMOJO.
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