Alfa Ica (India) Ltd: Microcap Company in Wood Products Industry Reaches All-Time High

Aug 10 2024 09:20 AM IST
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Alfa Ica (India) Ltd, a microcap company in the wood products industry, has been making headlines in the stock market with its all-time high price on August 10, 2024. The stock has shown strong performance, with a 52-week high of Rs.87 and a current outperformance of 19.79% in its sector. Despite a 'Hold' call from MarketsMojo, the company's consistent growth and strong presence in the industry make it a company to watch in the market.


Alfa Ica (India) Ltd, a microcap company in the wood products industry, has been making headlines in the stock market as its price reached an all-time high on August 10, 2024. The stock has been performing well, with a 52-week high of Rs.87 and a current outperformance of 19.79% in its sector.

In the last three days, Alfa Ica (India) has seen a consecutive gain of 28.51%, making it a top performer in the market. Today, the stock opened with a gain of 5.93% and reached an intraday high of Rs.87, which is a 20% increase from its previous close. The stock has also shown high volatility, with an intraday volatility of 9.09%.

Alfa Ica (India) is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. In the past year, the company has shown a remarkable growth of 79.94%, outperforming the Sensex's performance of 20.77%.

Despite its impressive performance, MarketsMOJO has given a 'Hold' call for Alfa Ica (India) stock. The company's success can be attributed to its strong presence in the wood products industry and its consistent growth in the market. Investors can keep an eye on this microcap company as it continues to make waves in the stock market.
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