Radix Industries (India) Ltd Hits 52-Week High, Outperforms Sector with Strong Growth

Apr 16 2024 09:35 AM IST
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Radix Industries (India) Ltd, a microcap company in the miscellaneous industry, has hit a 52-week high on April 16, 2024. The stock has been performing well, with a 'Hold' call by MarketsMojo. It opened with a gain of 4.96% and has been trading higher than its moving averages, showing a positive trend. In the past year, the stock has seen a remarkable 121.08% increase, showcasing its strong potential in the market.

Radix Industries (India) Ltd, a microcap company in the miscellaneous industry, has recently hit a 52-week high on April 16, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On April 16, the stock opened with a gain of 4.96% and touched an intraday high of Rs 174.65, outperforming the sector by 4.36%. It has been gaining for the last 5 days and has risen 8.55% in that period. The stock has also been trading in a narrow range of Rs 0.05.

Radix Industries (India) Ltd 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, the company has shown a remarkable performance with a 121.08% increase in its stock price, while the Sensex has only seen a 20.93% growth. This showcases the strong potential of Radix Industries (India) Ltd in the market.

With its recent 52-week high and consistent positive performance, Radix Industries (India) Ltd is definitely a company to watch out for in the miscellaneous industry.
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