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

Sep 05 2024 09:35 AM IST
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Jagatjit Industries, a smallcap company in the breweries industry, has seen a surge in its stock price, reaching an all-time high on September 5th, 2024. The stock is currently trading close to its 52-week high and has outperformed the sector by 2%. It has also been on a consecutive gain for the last 2 days and is currently trading higher than its moving averages. However, MarketsMojo has a 'Sell' call for the stock and investors should conduct their own research before investing.

Jagatjit Industries, a smallcap company in the breweries industry, has recently seen a surge in its stock price. On September 5th, 2024, the company's stock reached an all-time high, according to data from MarketsMOJO. However, the stock call for Jagatjit Industries is currently 'Sell' by MarketsMOJO.

The stock is currently trading close to its 52-week high of Rs 274.5, with a 1.67% difference. In today's trading, Jagatjit Industries has outperformed the sector by 2%. The stock has also been on a consecutive gain for the last 2 days, with a 7.72% increase in returns during this period. Additionally, the stock opened with a gain of 3.91% today and reached an intraday high of Rs 273.45.

Jagatjit Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In terms of performance, Jagatjit Industries has outperformed the Sensex by a significant margin. In the last year, the company's stock has seen a growth of 118.85%, while the Sensex has only grown by 25.31%.

Overall, Jagatjit Industries has shown strong performance in the past year and is currently trading at a high price. However, investors should take note of the 'Sell' call by MarketsMOJO and do their own research before making any investment decisions.
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