Supertex Industries Hits 52-Week High, Outperforms Sector with Strong Performance

Supertex Industries, a microcap textile company, has recently hit a 52-week high on February 8th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On the day of the 52-week high, the stock opened with a gain of 6.6% and touched an intraday high of Rs 18.33, outperforming the sector by 9.83%. It has also been gaining for the last 4 days, with a 34.72% return in that period. The stock has shown high volatility today, with an intraday volatility of 5.89%.

Supertex Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In the past year, Supertex Industries has shown a strong performance of 48.26%, compared to the Sensex's performance of 19.11%. This showcases the company's potential for growth and success in the textile industry.

With its recent 52-week high and consistent positive performance, Supertex Industries is a company to watch out for in the microcap market. Investors may want to consider adding this stock to their portfolio for potential long-term gains.