Universal Starch Chem Allied Hits All-Time High, Outperforms Sector by 10.87%

Universal Starch Chem Allied, a microcap company in the chemicals industry, has recently hit an all-time high on July 7th, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO. Today, the stock reached a new 52-week high of Rs. 238, outperforming the sector by 10.87%.

In the past two days, the stock has gained 26.38% and has been highly volatile, with an intraday volatility of 6.68%. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the last year, Universal Starch Chem Allied has shown a strong performance of 83.53%, compared to the Sensex's 22.23% performance. This indicates the company's growth and potential in the market.

Universal Starch Chem Allied is a microcap company, which means it has a market capitalization of less than $300 million. It operates in the chemicals industry, which has been growing steadily in recent years. The company's recent all-time high and strong performance show its potential for growth and success in the industry.

Investors should keep an eye on Universal Starch Chem Allied as it continues to show promising performance and potential in the market. However, it is important to note that this article is not a recommendation to buy or sell the stock, and all investment decisions should be made after thorough research and analysis.