Sutlej Textiles and Industries Ltd Hits 52-Week High, Outperforms Sector with Strong Performance

Aug 22 2024 03:35 PM IST
share
Share Via
Sutlej Textiles and Industries Ltd, a smallcap textile company, has seen a surge in its stock price, hitting a 52-week high on August 22, 2024. The stock has been performing well, outperforming the sector by 8.36% and trading higher than its moving averages. With a strong performance in the past year, the company showcases potential and growth in the textile industry.

Sutlej Textiles and Industries Ltd, a smallcap textile company, has recently seen a surge in its stock price, hitting a 52-week high on August 22, 2024. The stock has been given a 'Sell' call by MarketsMOJO, a leading stock market analysis and recommendation platform.

The stock has been performing well in the market, outperforming the sector by 8.36% on the day of the 52-week high. It touched an intraday high of Rs 73.99, showing a significant increase of 9.99%. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Sutlej Textiles and Industries Ltd has shown a strong performance with a 50.75% increase in its stock price, while the Sensex has only seen a 24.28% growth. This showcases the company's potential and growth in the textile industry.

Sutlej Textiles and Industries Ltd is a smallcap company in the textile industry, known for its quality products and strong market presence. With its recent surge in stock price and positive performance, the company continues to be a promising player in the market. Investors and stakeholders can keep a close eye on its growth and performance in the coming days.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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