Amines & Plasticizers Stock Soars, Outperforms Sector and Sensex on Strong Upward Trend

Aug 19 2024 03:05 PM IST
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Amines & Plasticizers, a smallcap chemicals company, has seen a 7.39% increase in its stock on August 19, 2024, outperforming the sector by 4.12%. The stock has been on a consecutive rise for the last two days, with a 5.21% increase. It is currently trading above its moving averages, indicating a strong upward trend. Despite a marginal decrease in the Sensex, Amines & Plasticizers has shown a significant increase in the past month. MarketsMojo has given a 'Hold' call for the stock, suggesting a neutral stance.

Amines & Plasticizers, a smallcap company in the chemicals industry, has seen a positive trend in its stock performance. On August 19, 2024, the company's stock gained 7.39%, outperforming the sector by 4.12%. The stock has been on a consecutive gain for the last two days, with a rise of 5.21% in this period.

The stock also touched an intraday high of Rs 335.45, a 5.94% increase from the previous day. Amines & Plasticizers is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex performance, Amines & Plasticizers has outperformed with a 1-day performance of 7.83% while the Sensex had a marginal decrease of -0.01%. Similarly, in the past month, Amines & Plasticizers has shown a significant increase of 28.36% while the Sensex had a decrease of -0.21%.

MarketsMOJO has given a 'Hold' call for Amines & Plasticizers, suggesting a neutral stance on the stock. With this positive trend in its stock performance, Amines & Plasticizers continues to show promising growth in the chemicals industry.
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