Amal Achieves All-Time High Amid Strong Market Performance in Dyes Sector

Amal, a microcap company in the dyes and pigments industry, has reached a significant milestone by achieving a new 52-week high of Rs. 730.65 on January 20, 2025. This marks both a 52-week and all-time high for the stock. On this day, Amal outperformed its sector by 9.85%, continuing a strong upward trend with six consecutive days of gains, resulting in a remarkable 56.02% return over this period.
The stock opened with a notable gain of 10% and maintained its price throughout the trading session. Over the past year, Amal has delivered an impressive return of 81.01%, significantly outpacing the Sensex's performance of 7.32%. Furthermore, Amal is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position. This recent activity underscores Amal's robust performance within the dyes and pigments sector.