Multibase India Hits 52-Week High, Outperforms Sector with 106.62% Return in 5 Days

Nov 22 2024 09:35 AM IST
share
Share Via
Multibase India, a leading petrochemical company in India, has reached a 52-week high on November 22, 2024, with a remarkable 106.62% return in the last 5 days. The stock is currently trading higher than its moving averages and has shown a strong performance in the past year, indicating potential for growth in the petrochemical industry.

Multibase India, a leading petrochemical company in India, has recently hit a 52-week high on November 22, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On November 22, the stock reached a new high of Rs. 565.3, outperforming the sector by 8.81%. It has also been on a consecutive gain for the last 5 days, with a remarkable 106.62% return in this period. The stock opened with a gain of 7.87% today and touched an intraday high of Rs. 565.3, a 9.99% increase.

Multibase India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Multibase India has shown a strong performance with a 158.84% increase, while the Sensex has only seen a 17.68% growth. This showcases the company's potential and growth in the petrochemical industry.

Multibase India is a microcap company, but its recent performance and market trends suggest a promising future for the company. With its consistent growth and positive market sentiment, Multibase India is definitely a stock to watch out for in the petrochemical industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News