Gujarat Apollo Industries Approaches 52-Week High Amid Strong Market Performance

Jan 17 2025 10:20 AM IST
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Gujarat Apollo Industries is trading near its 52-week high, having gained 25.12% over the past four days. The stock has outperformed its sector and is above key moving averages, reflecting a strong upward trend. Over the past year, it has increased by 28.71%, significantly outpacing the Sensex.
Gujarat Apollo Industries has been experiencing significant activity today, trading near its 52-week high, just 2.68% away from Rs 415.05. The stock has demonstrated a strong upward trend, gaining for four consecutive days and achieving a total return of 25.12% during this period. Intraday trading saw the stock reach a high of Rs 404.2, reflecting a rise of 3.07%, while it recorded a low of Rs 375, down by 4.37%.

In terms of performance metrics, Gujarat Apollo Industries has outperformed its sector by 2.31% today. The stock is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust positive trend. Over the past year, the stock has increased by 28.71%, significantly surpassing the Sensex's rise of 7.17%. This performance highlights the company's strong market position within the capital goods sector.
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