Sukhjit Starch & Chemicals Ltd's Stock Reaches 52-Week High
Sukhjit Starch & Chemicals Ltd, a microcap company in the chemicals industry, has been making headlines recently as its stock price reached a 52-week high on December 18, 2023. The stock has been performing well, outperforming the sector by 5.32% and gaining 5.08% in the last two days.
On December 18, the stock touched an intraday high of Rs 502.25, a 5.98% increase from the previous day's close. This positive trend is reflected in the stock's moving averages, as it is currently trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex, Sukhjit Starch & Chemicals Ltd's performance over the past year has been slightly lower, with a 11.68% increase compared to the Sensex's 16.37% increase. However, this does not take away from the company's recent success and strong performance in the market.
Sukhjit Starch & Chemicals Ltd is a microcap company in the chemicals industry, and its stock has been given a 'Hold' rating by MarketsMOJO. The company's recent success and positive performance in the market make it an interesting one to watch for investors. However, it is important to note that this article is not making any recommendations and is purely based on factual information.
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