GRP Stock Hits All-Time High, Outperforms Sector by 3.79%
On August 19, 2024, GRP, a smallcap company in the rubber products industry, reached an all-time high price of Rs.4580. The stock has been on a consecutive gain for the past 6 days, with a remarkable 27.67% increase in returns. It is currently trading above all its moving averages and has outperformed the sector by 3.79%. With a strong performance of 419.69% in the past year, GRP shows great potential in the market.
On August 19, 2024, GRP, a smallcap company in the rubber products industry, reached an all-time high price. According to MarketsMOJO, the stock's current rating is 'Hold'. Today, the stock hit a new 52-week high of Rs.4580 and outperformed the sector by 3.79%. It has been on a consecutive gain for the past 6 days, with a remarkable 27.67% increase in returns during this period.
The stock opened with a gap up of 4.99% and reached an intraday high of Rs.4580. It has been trading at this price since the opening, showing no range. The stock has been highly volatile today, with an intraday volatility of 5.49%, calculated from the weighted average price. Additionally, GRP is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, GRP has shown an impressive performance of 419.69%, while the Sensex has only grown by 24.10%. This shows the company's strong growth and potential in the market. With its consistent gains and high volatility, GRP is definitely a stock to watch out for in the rubber products industry.
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