Source Natural Foods & Herbal Supplements Ltd Hits 52-Week High, Outperforms Sector with Consistent Growth

Source Natural Foods & Herbal Supplements Ltd, a microcap company in the pharma industry, has recently hit a 52-week high on August 22, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.

On August 22, the stock reached a new high of Rs. 206.6, outperforming the sector by 2.07%. It has also been on a consecutive gain for the past 7 days, with a 26.28% increase in returns during this period. The stock opened with a 2% gain and reached an intraday high of Rs. 206.6.

Source Natural Foods & Herbal Supplements Ltd has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In the past year, the company's stock has shown a remarkable growth of 122.51%, while the Sensex has only seen a 24.28% increase. This shows the strong performance of Source Natural Foods & Herbal Supplements Ltd in the pharma industry.

Investors and experts are keeping a close eye on the company's performance, as it continues to show promising growth in the market. With its recent 52-week high, Source Natural Foods & Herbal Supplements Ltd is definitely a company to watch out for in the pharma industry.