Price Momentum Shares: KITEX, SRF, SUPREMEIND

Top Price Momentum Shares : KITEX, SRF, SUPREMEIND

KITEX, SRF, SUPREMEIND are three top price momentum shares that have given positive price returns on traded weeks between Dec 2019 and 14 Feb 2020. These three stocks are amongst the ten stocks listed NSE which had positive price momentum for seven out of eight traded weeks on the exchange. Price Momentum Shares include KITEX, SRF  and others.

Table: Price Momentum Stocks

Source: NSE Data

Kitex Garments Limited (NSE: KITEX) has been the top weekly price momentum share amongst NSE listed stocks. KITEX has seen its price rise by 29% in just two months to Rs 153 by 14 Feb from Rs 119 on 31Dec 2019.

Supreme Industries Ltd (NSE: SUPREMEIND) is the second top most price momentum performer on weekly basis. SUPREMEIND’s price grew by 22% during past eight weeks scaling to Rs 1,405 by 14 Feb 2020 from Rs 1153 by 31 Dec 2019.

SRF Limited (NSE: SRF) has been the third top most price momentum share on weekly trend basis.  SRF share price has risen by 11% during last eight weeks, its weekly price remain unchanged for one week. SRF share price rose to Rs 4,190 on 14 Feb 2020 from Rs 3,784 on 31 Dec 2019

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