Unjha Formulations' Stock Reaches All-Time High, Receives 'Hold' Rating from MarketsMOJO
Unjha Formulations, a microcap pharmaceutical company, has seen a surge in its stock price, reaching an all-time high on May 23, 2024. With a 'Hold' rating from MarketsMojo, the company's stock is currently trading close to its 52-week high and has outperformed the Sensex in the past year, showcasing its potential for growth in the market.
Unjha Formulations, a microcap pharmaceutical company, has recently seen a surge in its stock price, reaching an all-time high on May 23, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, a leading financial analysis and research firm.
According to price data, Unjha Formulations is currently trading at a price that is only 0.03% away from its 52-week high of Rs 33.47. This indicates a strong performance by the company in the market. In terms of sector performance, Unjha Formulations is in line with its industry peers.
The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which further highlights its positive momentum. In the past year, Unjha Formulations has outperformed the Sensex, with a growth of 138.84% compared to the Sensex's 19.70% growth.
Unjha Formulations is a microcap company in the pharmaceutical industry, and its recent stock performance showcases its potential for growth and success in the market. With a 'Hold' rating from MarketsMOJO, investors can keep a close eye on this company and its future developments.
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