Supreme Industries' Stock Continues to Soar, Outperforming Sector and Sensex

Supreme Industries, a leading player in the plastic products industry, has been making headlines with its recent stock performance. On October 7th, the company's stock gained 3.73%, outperforming the sector by 3.65%. This positive trend has been consistent for the last two days, with the stock rising 3.87% in that period.

The stock also reached an intraday high of Rs 5444.9, showing a 3.21% increase. This is a significant achievement for the company, as it indicates a strong demand for its products in the market.

Supreme Industries' stock is currently trading higher than its 5-day, 20-day, 50-day, and 200-day moving averages, which is a positive sign for investors. However, it is lower than its 100-day moving average.

In comparison to the Sensex, Supreme Industries' stock has outperformed with a 1-day performance of 3.87% while the Sensex has shown a -0.78% performance. Similarly, in the last month, the company's stock has gained 3.40% while the Sensex has only gained -0.16%.

With its consistent positive performance and strong market demand for its products, Supreme Industries is a company to watch out for in the plastic products industry. Investors can take advantage of this opportunity and consider buying the stock, as suggested by MarketsMOJO with a 'Buy' call.