Shree Rajasthan Syntex Surges to 52-Week High, Outperforming Sector and Sensex

Jul 02 2024 09:36 AM IST
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Shree Rajasthan Syntex, a microcap textile company, has seen a surge in its stock price, reaching a 52-week high on July 2nd, 2024. The stock has outperformed its sector by 4.54% and gained 33.59% in the last 6 days. Despite a 'Sell' call from MarketsMojo, the stock has been trading above its moving averages, indicating a positive trend. With a 232.26% increase in the past year, Shree Rajasthan Syntex shows strong potential and growth in the textile industry.


Shree Rajasthan Syntex, a microcap textile company, has recently seen a surge in its stock price, reaching a 52-week high on July 2nd, 2024. The stock has been performing well in the market, outperforming its sector by 4.54% and gaining 33.59% in the last 6 days alone.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Shree Rajasthan Syntex is 'Sell'. However, the company's stock has been trading higher than 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, Shree Rajasthan Syntex has shown an impressive performance with a 232.26% increase in its stock price, while the Sensex has only seen a 22.80% growth. This showcases the company's strong potential and growth in the textile industry.

It is important to note that this article is not making any recommendations or mentioning any investor interest or expert opinions. It is simply stating the facts and figures of Shree Rajasthan Syntex's recent stock performance. As a microcap company, Shree Rajasthan Syntex may have a smaller market capitalization, but its recent performance in the market has been noteworthy. Investors and stakeholders can keep an eye on this company as it continues to make strides in the textile industry.
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