Scoobee Day Garments India Hits 52-Week High, Outperforms Sector by 20%

Scoobee Day Garments India, a microcap company in the paper and paper products industry, has recently hit a 52-week high on September 30, 2024. The stock has been performing well in the market, with a current stock call of 'Sell' by MarketsMOJO. On September 30, the stock reached a new high of Rs. 114.12, outperforming the sector by 20.29%. It has also been gaining for the last three days, with a rise of 55.78% in that period. However, the stock opened with a loss of -3.05% today, showing some volatility in its performance. The intraday high of Rs. 114.12 was a significant increase of 20% from the previous day's close, while the intraday low of Rs. 84.4 showed a decrease of -11.25%. This high volatility can be calculated from the weighted average price. In terms of moving averages, Scoobee Day Garments India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance. In comparison to the Sensex, Scoobee Day Garments India has shown a 1-year performance of 8.34%, while the Sensex has performed at 28.73%. This shows that the company's performance has not been as strong as the overall market, but it has still shown some growth. Overall, Scoobee Day Garments India has been performing well in the market, with a recent 52-week high and consecutive gains in the last three days. However, investors should keep an eye on the stock's volatility and consider the company's performance in comparison to the overall market before making any investment decisions.