Sreechem Resins Ltd. Stock Reaches 52-Week High, Outperforms Sector and Sensex
Sreechem Resins Ltd., a microcap company in the chemicals industry, has been gaining attention in the stock market. Its stock price reached a 52-week high of Rs.88.81 on February 27, 2024, and has been performing well, outperforming the sector by 4.67% and gaining for 17 consecutive days. With a 'Hold' recommendation from MarketsMojo and strong performance in comparison to its moving averages and the Sensex, the company is one to watch in the chemicals industry.
Sreechem Resins Ltd., a microcap company in the chemicals industry, has been making headlines in the stock market recently. On February 27, 2024, the company's stock price reached a 52-week high of Rs.88.81. This has caught the attention of investors and analysts alike.
According to MarketsMOJO, a leading stock market analysis platform, the current recommendation for Sreechem Resins Ltd. is 'Hold'. The stock has been performing well, outperforming the sector by 4.67% and gaining for the last 17 consecutive days. In fact, it has seen a remarkable rise of 127.83% in this period.
Today, the stock opened with a gain of 4.99% and touched an intraday high of Rs.88.81. It has been trading at this price since then, showing no range. This indicates a strong hold on the stock's value.
Sreechem Resins Ltd. is also performing well in comparison to its moving averages. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for the company's stock performance.
In the past year, Sreechem Resins Ltd. has shown a remarkable growth of 77.27%, while the Sensex has only seen a 22.80% increase. This further highlights the company's strong performance in the market.
Overall, Sreechem Resins Ltd. has been making significant strides in the stock market, with its stock price reaching a 52-week high and outperforming the sector. With a 'Hold' recommendation from MarketsMOJO and a strong performance in comparison to its moving averages and the Sensex, the company is definitely one to watch out for in the chemicals industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
