Safari Industries (India) Reaches All-Time High, Outperforms Sector by 5.15%

Sep 01 2024 09:20 AM IST
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Safari Industries (India) has reached an all-time high stock price of Rs.2524.95 on September 1st, 2024. The company has consistently outperformed the sector and its stock has shown a trend reversal, gaining 7.49% today. With a positive trend and strong performance in the past year, Safari Industries (India) is a promising player in the plastic products industry.

Safari Industries (India), a leading player in the plastic products industry, has reached an all-time high price of Rs.2524.95 on September 1st, 2024. This midcap company has been performing well in the market, with its stock outperforming the sector by 5.15% today.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Safari Industries (India) is 'Hold'. The stock has shown a trend reversal, gaining after two consecutive days of fall. It also touched an intraday high of Rs.2524.95, showing a significant increase of 7.49%.

Safari Industries (India) has been consistently trading above its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the market. In the past year, the company has shown a strong performance with a 32.84% increase, outperforming the Sensex's performance of 26.55%.

With its strong presence in the plastic products industry, Safari Industries (India) has been able to maintain a steady growth in the market. Its current stock price reflects the company's strong performance and potential for future growth. Investors can keep a close eye on this midcap company as it continues to make strides in the market.
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