I G Petrochemicals Hits 52-Week High, Outperforms Sector and Sensex

I G Petrochemicals, a smallcap company in the chemicals industry, has recently hit a 52-week high on August 20, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.

The stock price of I G Petrochemicals reached a new high of Rs. 715 today, outperforming the sector by 12.98%. It has also shown consecutive gains for the past 2 days, with a 14.98% increase in returns during this period. The stock's intraday high of Rs. 715 represents a 16.1% increase.

Today, the stock has shown high volatility with an intraday volatility of 5.89%, calculated from the weighted average price. This indicates that the stock has been fluctuating significantly throughout the day.

In terms of moving averages, I G Petrochemicals is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a positive trend for the stock.

In the past year, I G Petrochemicals has outperformed the Sensex with a 55.95% increase in performance compared to the Sensex's 24.51% increase. This showcases the company's strong performance and potential for growth in the future.

Overall, I G Petrochemicals has shown promising performance in the past year and continues to perform well in the market. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this smallcap company in the chemicals industry.