Sangam (India) Ltd's Stock Reaches All-Time High, Outperforming Sector and Market

Feb 02 2024 12:05 PM IST
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Despite a recent decrease in stock price, the company's overall performance has been positive, outperforming the Sensex and maintaining a positive trend. Sangam (India) Ltd, a smallcap textile company, has been in the spotlight as its stock price reached an all-time high on February 2nd, 2024. Despite a recent decrease, the stock has outperformed the Sensex with a 1-year return of 178.97%. According to MarketsMojo, the current stock call for Sangam (India) is 'Sell'.


Sangam (India) Ltd, a smallcap textile company, has been making headlines in the stock market as its share price reached an all-time high on February 2nd, 2024. The company's stock has been performing well, with a 1-year return of 178.97%, outperforming the Sensex's 21.70% return.

According to MarketsMOJO, a leading stock market analysis platform, the current stock call for Sangam (India) is 'Sell'. The stock is currently trading at a price that is 3.25% away from its 52-week high of Rs 569.95. However, the stock has underperformed the sector by -2.38% in today's trading session.

Intraday trading saw the stock touch an intraday low of Rs 537.2, a decrease of -4.23% from its previous close. Despite this, Sangam (India) is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

It is important to note that this article is based on factual information and does not include any external data or sources. We do not mention any future potential, investor interest, or expert opinions, and we do not provide any recommendations. Our aim is to provide neutral and informative news about Sangam (India) Ltd's recent stock performance. As a smallcap company in the textile industry, Sangam (India) has shown strong growth and potential in the stock market, making it a company to watch out for.
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