Century Extrusions' Stock Reaches All-Time High, Outperforms Sector and Sensex

Century Extrusions, a microcap company in the aluminium industry, has been making waves in the stock market with its recent performance. On January 22, 2024, the company's stock price reached an all-time high of Rs. 31.13, which is also its new 52-week high. This has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Hold' call for the stock.

In today's trading session, Century Extrusions outperformed the sector by 4.18%, showcasing its strong performance. The stock has been on a winning streak for the past four days, with a 27.27% increase in its value during this period. It opened with a gap up of 4.99% and touched an intraday high of Rs. 31.13.

What's interesting is that the stock has been consistently trading at its opening price of Rs. 31.13, indicating a strong hold in the market. In fact, Century Extrusions is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its position.

In terms of performance, Century Extrusions has outshined the Sensex by a significant margin, with a 1-year return of 224.61% compared to the Sensex's 17.36%. This showcases the company's strong growth and potential in the aluminium industry.

Overall, Century Extrusions has been making impressive strides in the stock market, with its recent all-time high and consistent performance. With a 'Hold' call from MarketsMOJO and its outperformance in the sector and market, the company is definitely one to watch out for in the microcap space.