Kingfa Science & Technology (India) Achieves Record Stock Price of Rs 3719.95

Mumbai, January 3, 2025 - In a significant turnaround, Kingfa Science & Technology (India), a small-cap company operating in the plastic products industry, saw its stock price touch an all-time high of Rs 3719.95 on January 3, 2025, a gain of 7.17% during the trading session.

According to market reports, the company's stock has gained 6.86% over two days and outperformed its sector by 5.3%. Over the past year, Kingfa Science & Technology (India) has delivered a remarkable return of 62.89%, significantly outperforming the benchmark Sensex, which recorded a return of 11.18%.

The company's impressive performance has been driven by strong demand for its plastic products in the various industries. The stock's consecutive gains over the past two days have seen it touch an intraday high of Rs 3719.95.

Analysts have cited Kingfa Science & Technology (India)'s positive trend as a 'Hold' according to MarketsMOJO, with experts expecting further growth in its stock performance.

"We're seeing strong demand for Kingfa Science & Technology (India) products in the market, leading to an increase in share price," said Mohit Sohail, a senior research analyst at Research4Retail. "The company's financials show improved profitability and robust pipeline of future projects, making it an attractive investment option."