S H Kelkar & Company Experiences Notable Adjustment in Stock Evaluation Amid Strong Performance

Jan 01 2025 01:20 PM IST
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S H Kelkar & Company has seen a revision in its score following a strong performance, gaining 8.4% on January 1, 2025. The stock has been added to MarketsMojo's list, reflecting its recent outperformance against the sector. Despite a monthly decline, the company remains above key moving averages, indicating potential resilience.
S H Kelkar & Company, a small-cap player in the chemicals industry, has recently experienced a notable adjustment in its evaluation. The stock has shown impressive performance, gaining 8.4% on January 1, 2025, and outperforming its sector by 7.3%. This upward momentum is reflected in its consecutive gains, with the stock rising 9.07% over the past two days.

Today, S H Kelkar & Company opened with a significant gap up of 3.92% and reached an intraday high of Rs 267.95, marking an increase of 8.79%. The stock's performance over the last day has been particularly strong, with a gain of 8.91%, while the Sensex has only managed a modest 0.44% increase.

In terms of moving averages, the stock is currently positioned higher than its 5-day and 200-day averages, although it remains below the 20-day, 50-day, and 100-day averages. Additionally, S H Kelkar & Company has been added to MarketsMOJO's list, indicating a recognition of its recent performance and market position.
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