Alicon Castalloy's Stock Price Surges 8.67%, Hits New 52-Week High on August 21, 2024
On August 21, 2024, Alicon Castalloy, a smallcap company in the auto ancillary industry, saw a surge in its stock price, gaining 8.67% and hitting a new 52-week and all-time high of Rs. 1417.75. The company's stock is currently trading higher than its moving averages and has outperformed the Sensex in both 1-day and 1-month performance. According to MarketsMojo, the current stock call for Alicon Castalloy is 'Hold'.
Alicon Castalloy, a smallcap company in the auto ancillary industry, has seen a significant increase in its stock price on August 21, 2024. The stock has gained 8.67%, outperforming the sector by 8.35%. This surge in stock price has also led to the company hitting a new 52-week and all-time high of Rs. 1417.75.
According to MarketsMOJO, a leading stock market analysis and research platform, the current stock call for Alicon Castalloy is 'Hold'. The stock opened with a gain of 2.3% today and touched an intraday high of Rs. 1417.75, showing high volatility with an intraday volatility of 7.48%.
Alicon Castalloy 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 stock performance. In comparison to the Sensex, the company has outperformed with a 1-day performance of 8.67% while the Sensex has shown a slight decline of -0.05%. In the past month, Alicon Castalloy has also outperformed the Sensex with a 1-month performance of 16.23% compared to the Sensex's 0.19% performance.
It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss future potential of the company. As a smallcap company in the auto ancillary industry, Alicon Castalloy's recent stock performance is worth noting for investors and those interested in the sector.
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