Omaxe's Stock Price Soars 8.08%, Outperforms Sector by 8.78% in Consecutive Gains
Omaxe, a smallcap real estate company, has shown a remarkable increase in its stock price on June 21, 2024. With a gain of 8.08%, the stock has outperformed the sector by 8.78%. This is a result of the company's consecutive gains for the last 3 days, with a total increase of 24.81%. Omaxe's stock is currently trading higher than its moving averages, indicating a positive trend. It has also outperformed the overall market, showcasing its strong performance and potential for growth in the real estate industry.
Omaxe, a smallcap real estate company, has seen a significant increase in its stock price on June 21, 2024. The stock has gained 8.08% and has outperformed the sector by 8.78%. This positive performance is a result of the company's consecutive gains for the last 3 days, with a total increase of 24.81% during this period.
The stock also saw high volatility today, with an intraday volatility of 5.01%. This can be attributed to the stock's intraday high of Rs 114.95, which is an 8.74% increase from its previous closing price. Omaxe's stock 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 performance.
In comparison to the overall market, Omaxe has outperformed the Sensex by a significant margin. Its 1 day performance is 7.13% compared to the Sensex's 0.08%, and its 1 month performance is 22.56% compared to the Sensex's 4.85%. This showcases the company's strong performance and potential for growth in the real estate industry.
It is important to note that this information is based on facts and figures, and does not include any external data or sources. As a smallcap company, Omaxe's performance in the stock market is a positive sign for its investors and stakeholders.
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