Jagatjit Industries' Stock Reaches All-Time High, Outperforms Sector and Moving Averages

Jagatjit Industries, a smallcap brewery company, has been making headlines as its stock price reached an all-time high on September 6th, 2024. The stock has been performing well in the market, with a 52-week high of Rs. 290.1 and a current price of Rs. 290.1.

According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Sell'. However, it has outperformed the sector by 4.62% and has been on a consecutive gain for the last 3 days, with a 15.74% increase in returns during this period.

The stock opened with a gap up of 4.99% today and touched an intraday high of Rs. 290.1. It has been trading at this price since then, showing no range in its movement.

Jagatjit Industries is also performing well in comparison to its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Jagatjit Industries has shown a remarkable performance with a 128.48% increase in its stock price, while the Sensex has only seen a 24.50% increase.

Overall, Jagatjit Industries is making a mark in the brewery industry with its strong performance and consistent growth in the stock market. Investors should keep an eye on this smallcap company as it continues to make strides in the market.