Jagatjit Industries' Stock Price Surges, Outperforms Sector and Market Averages

Jagatjit Industries, a smallcap company in the breweries and distilleries industry, has recently seen a surge in its stock price. On September 13, 2024, the company's stock touched a 52-week high of Rs 290.1. However, according to MarketsMOJO, the stock is currently being recommended as a 'Sell'.

Despite this, the stock has been performing well in the market. It has outperformed the sector by 3.89% and has been on a consecutive gain for the last 4 days, with a 8.6% increase in returns during this period. The stock also touched an intraday high of Rs 290 (4.32%) and an intraday low of Rs 269.05 (-3.22%).

Jagatjit Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In the past year, Jagatjit Industries has shown a remarkable performance with a 145.71% increase in its stock price, while the Sensex has only seen a 22.91% increase. This showcases the company's strong growth and potential in the market.

Investors and experts are closely watching Jagatjit Industries as it continues to make strides in the breweries and distilleries industry. With its recent surge in stock price and positive performance, the company is definitely one to keep an eye on.