Samtex Fashions' Stock Price Surges, Outperforming Sector and Sensex

Aug 21 2024 01:05 PM IST
share
Share Via
Samtex Fashions, a microcap company in the textile industry, has seen a surge in its stock price, reaching a 52-week high of Rs. 3.16 on August 21, 2024. Despite a 'Sell' rating from MarketsMojo, the company has outperformed the sector by 8.81% and gained 10.88% in the last two days. It is currently trading above all its moving averages and has shown a remarkable 1-year performance of 53.92%, highlighting its potential for growth.


Samtex Fashions, a microcap company in the textile industry, has recently seen a surge in its stock price. On August 21, 2024, the company's stock reached a 52-week high of Rs. 3.16. This news has caught the attention of investors and market analysts.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Samtex Fashions is 'Sell'. However, the company's recent performance has been impressive, outperforming the sector by 8.81%. In the last two days, the stock has gained 10.88%, indicating a consecutive upward trend.

In terms of moving averages, Samtex Fashions is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for the company and its investors.

In comparison to the Sensex, a benchmark index for the Indian stock market, Samtex Fashions has shown a remarkable 1-year performance of 53.92%, while the Sensex has only recorded a 23.83% growth. This further highlights the company's strong performance and potential for growth.

Samtex Fashions has been making strides in the textile industry, and its recent stock price surge is a testament to its success. With a strong performance and positive market indicators, the company is poised for continued growth in the future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News