Source Natural Foods & Herbal Supplements Ltd's Stock Reaches 52-Week High, Outperforms Sector by 4.79%

Aug 21 2024 09:35 AM IST
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Source Natural Foods & Herbal Supplements Ltd, a microcap company in the pharma industry, has been making headlines in the stock market with its stock price reaching a 52-week high of Rs. 202.55 on August 21, 2024. The stock has shown consistent growth, outperforming the sector by 4.79% and trading higher than its moving averages. With a strong performance of 133.49% in the past year, the company has caught the attention of investors and experts, with a 'Hold' call from MarketsMojo.

Source Natural Foods & Herbal Supplements Ltd, a microcap company in the pharma industry, has been making headlines in the stock market recently. On August 21, 2024, the company's stock price reached a 52-week high of Rs. 202.55, outperforming the sector by 4.79%. This marks the sixth consecutive day of gains for the stock, with a total increase of 23.81% during this period.

The stock opened with a gap up of 4.98% today and has maintained a steady price of Rs. 202.55 since then. This is a significant achievement for the company, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Source Natural Foods & Herbal Supplements Ltd has shown an impressive performance of 133.49%, while the Sensex has only seen a 23.64% increase. This highlights the company's strong growth and potential in the pharma industry.

MarketsMOJO has given a 'Hold' call for the stock, indicating that investors should hold onto their current positions. This news has further boosted investor confidence in the company.

Source Natural Foods & Herbal Supplements Ltd has been gaining attention in the market due to its consistent growth and strong performance. As a microcap company in the pharma industry, it has shown promising potential and is definitely one to watch out for in the future.
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