Supreme Petrochem's Stock Gains 6.61%, Outperforms Sector and Receives 'Buy' Call from MarketsMOJO

Supreme Petrochem, a leading midcap company in the chemicals industry, has been making headlines with its recent stock performance. On October 31st, the company's stock gained 6.61%, outperforming the sector by 5.65%. This positive movement has caught the attention of investors and analysts alike.

MarketsMOJO, a renowned stock analysis platform, has given a 'Buy' call for Supreme Petrochem's stock. The company has also been listed as part of MOJO Stocks on MarketsMOJO since August 12th, 2024. This further adds to the company's credibility and potential for growth.

The stock opened with a gap up of 6.61% and touched an intraday high of Rs 788. This shows a strong demand for the stock and investor confidence in the company's performance. The stock has been trading at a consistent price of 788 since its opening, indicating stability in its value.

Supreme Petrochem's stock has also shown high volatility today, with an intraday volatility of 6.91%. However, this can be attributed to the overall market conditions and does not reflect the company's performance.

In terms of moving averages, the stock is currently higher than its 5-day and 200-day moving averages. However, it is lower than its 20-day, 50-day, and 100-day moving averages. This suggests that the stock has been on an upward trend in the short and long term, but has faced some fluctuations in the medium term.

Compared to the Sensex performance, Supreme Petrochem's stock has outperformed with a 1-day performance of 6.61% against the Sensex's -0.37%. In the past month, the company's stock has also performed better than the Sensex with a -8.90% compared to the Sensex's -5.48%.

Overall, Supreme Petrochem's recent stock performance has been positive and promising. With a 'Buy' call from MarketsMOJO and its inclusion in MOJO Stocks, the company is poised for growth and success in the chemicals industry.