Alfred Herbert (India) Reaches All-Time High, Outperforms Sector and Market

Nov 09 2024 09:20 AM IST
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Alfred Herbert (India), a microcap engineering company, has reached an all-time high in its stock price on November 9th, 2024. The stock has been given a 'Hold' rating by MarketsMojo and has outperformed the sector by 1.7%. With a 14.85% increase from its previous close, the company has shown strong performance and potential in the market.

Alfred Herbert (India), a microcap engineering company, has recently reached an all-time high in its stock price on November 9th, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, a leading financial analysis platform.

The stock opened with a gain of 5.94% today and touched an intraday high of Rs 2320, outperforming the sector by 1.7%. However, it also experienced high volatility with an intraday range of 8.16%. The stock's performance today has been impressive, with a 14.85% increase from its previous close.

Alfred Herbert (India) Ltd has been consistently performing well, with its stock price higher than the 20-day, 50-day, 100-day, and 200-day moving averages. However, it is currently lower than the 5-day moving average.

In the past year, the company's stock has shown a remarkable growth of 153.04%, while the Sensex has only grown by 22.33%. This indicates the strong performance of Alfred Herbert (India) in the market.

As a microcap company in the engineering industry, Alfred Herbert (India) has shown promising growth and potential. With its recent all-time high stock price and consistent performance, it is definitely a company to keep an eye on in the market.
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