Sutlej Textiles sees 9.09% increase in stock price, outperforms sector and Sensex

Sutlej Textiles and Industries Ltd, a smallcap company in the textile industry, has seen a significant increase in its stock price on September 16, 2024. The stock has gained 9.09% and closed at Rs 75.55. However, according to MarketsMOJO, the stock has been given a 'Sell' call.

The stock is currently trading at a price that is 2.63% away from its 52-week high of Rs 77.2. It has also outperformed the sector by 7.54% today. This is the third consecutive day of gains for the stock, with a total increase of 9.75% in this period. However, the stock opened with a loss of -2.56% today and touched an intraday low of Rs 68.1.

Sutlej Textiles has shown high volatility today, with an intraday volatility of 7.02%. This is calculated from the weighted average price. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Sutlej Textiles has performed significantly better in the past 1 day and 1 month, with returns of 8.38% and 16.31% respectively. The Sensex, on the other hand, has only shown a performance of 0.20% in the past 1 day and 3.26% in the past 1 month.

Overall, Sutlej Textiles and Industries Ltd has shown a strong performance in the stock market, with a significant increase in its stock price. However, investors should take note of the 'Sell' call given by MarketsMOJO and do their own research before making any investment decisions.