Radhika Jeweltech's Stock Hits All-Time High, Outperforms Sector with Consistent Gains

Radhika Jeweltech, a smallcap company in the diamond and gold jewellery industry, has been making headlines recently as its stock price reached an all-time high on September 30th, 2024. The stock has been performing well, with MarketsMOJO giving it a 'Hold' rating.

On the day of the all-time high, the stock hit a new 52-week high of Rs.146.95 and outperformed the sector by 2.49%. It has also been on a consecutive gain streak for the last 3 days, with a 12.62% increase in returns during this period. The stock opened with a gain of 2.24% and reached an intraday high of Rs.146.95, showing high volatility with an intraday volatility of 34.83%.

In terms of moving averages, Radhika Jeweltech is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

Looking at its performance over the past year, Radhika Jeweltech has seen a significant increase of 291.42%, while the Sensex has only seen a 29.46% increase. This shows that the company has been performing well and has outperformed the market.

Overall, Radhika Jeweltech has been making positive strides in the diamond and gold jewellery industry, with its stock price reaching an all-time high and outperforming the sector. Its consistent gains and positive moving averages also indicate a strong performance.