Sky Industries' Stock Reaches 52-Week High, Outperforms Sector and Shows Strong Growth Potential

Aug 20 2024 09:36 AM IST
share
Share Via
Sky Industries, a leading fastener manufacturer, has seen a surge in its stock price, reaching a 52-week high on August 20, 2024. According to MarketsMojo, the stock is a 'Buy' call and has outperformed the sector by 12.69%. The stock has also shown consecutive gains for the last 4 days, with a remarkable 37.93% increase.

Sky Industries, a leading manufacturer of fasteners, has been making waves in the market with its recent performance. The company's stock price has reached a 52-week high on August 20, 2024, making it an exciting time for investors.

According to MarketsMOJO, a leading stock market analysis platform, Sky Industries' stock is a 'Buy' call. The company's stock has outperformed the sector by 12.69% and has been on a consecutive gain for the last 4 days, with a remarkable 37.93% increase in returns during this period. The stock also opened with a gain of 11.06% today and touched an intraday high of Rs 148, which is a 16.9% increase.

The stock has shown high volatility today, with an intraday volatility of 5.02%, calculated from the weighted average price. This indicates a strong interest from investors and a positive sentiment towards the company's performance.

Sky Industries' stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for the company's future growth.

In the past year, Sky Industries has shown an impressive performance with a 135.31% increase in its stock price, compared to the Sensex's 24.13% performance. This showcases the company's strong potential and growth in the fasteners industry.

With its recent achievements and positive market sentiment, Sky Industries is definitely a company to watch out for in the microcap 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