Alfa Ica (I) Ltd Hits All-Time High, Outperforms Sector by 13.81%

Alfa Ica (India) Ltd, a microcap company in the wood products industry, has recently reached an all-time high price on August 9th, 2024. The stock has been performing well, with a 'Hold' recommendation from MarketsMOJO.

Today, the stock hit a new 52-week high of Rs.83.99 and has outperformed the sector by 13.81%. It has also been gaining for the past 3 days, with a 21.88% increase in returns during this period. The stock opened with a gain of 5.93% and reached an intraday high of Rs.83.99, showing high volatility with an intraday volatility of 7.34%.

Alfa Ica (I) is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In the past year, Alfa Ica (India) Ltd has shown a strong performance of 75.80%, outperforming the Sensex's performance of 20.82%. This showcases the company's growth and potential in the wood products industry.

Investors should keep an eye on Alfa Ica (India) Ltd as it continues to show promising growth and performance in the market. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.