United Textiles Ltd. Hits 52-Week High, Outperforms Sector and Market Growth

Feb 07 2024 09:39 AM IST
share
Share Via
United Textiles Ltd., a microcap company in the textile industry, has reached a new milestone as its stock price hit a 52-week high on February 7th, 2024. According to financial analysis platform MarketsMojo, the stock is currently rated as 'Hold' and has outperformed the sector by 0.35% today. The company has shown impressive growth and is trading above its moving averages, indicating a strong upward trend. With a 1-year performance of 39.86%, United Textiles has proven to be a promising player in the market.


United Textiles Ltd., a microcap company in the textile industry, has recently reached a new milestone as its stock price hit a 52-week high on February 7th, 2024. This positive development has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading financial analysis platform, the stock of United Textiles is currently rated as 'Hold'. This indicates that the company's performance is expected to remain stable in the near future.

The stock's price summary shows that it has outperformed the sector by 0.35% today, with a new 52-week high of Rs.21.62. In the past 7 days, the stock has been on a consecutive gain streak, rising by 23.51%. This is a significant increase for a microcap company.

Moreover, United Textiles is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its stock price.

In comparison to the overall market performance, United Textiles has shown impressive growth with a 1-year performance of 39.86%, while the Sensex has only grown by 20.10%. This showcases the company's strong potential and resilience in the textile industry.

As a microcap company, United Textiles has proven to be a promising player in the market, with a strong performance and positive outlook. With its recent 52-week high, the company is poised for further growth and success in the future.
{{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
Most Read
Why is Chandan Healthca falling/rising?
3 hours ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
3 hours ago
share
Share Via
Why is Solarium Green falling/rising?
3 hours ago
share
Share Via
Why is Gajanand Inter. falling/rising?
3 hours ago
share
Share Via
Why is Sahasra Electro. falling/rising?
3 hours ago
share
Share Via
Why is Globale Tessile falling/rising?
3 hours ago
share
Share Via
Why is AWFIS Space falling/rising?
3 hours ago
share
Share Via