ASAL Stock Reaches 52-Week High, Outperforms Sector by 9.16%

Apr 22 2024 10:05 AM IST
share
Share Via
ASAL's stock price has reached a 52-week high of Rs. 836, outperforming its sector by 9.16%. It has seen a consecutive rise for the past two days with a 12.02% increase in returns. ASAL is currently trading above its moving averages and has shown a 174.60% increase in the past year, highlighting its strong performance and potential for growth in the auto ancillary industry.

Automotive Stampings & Assemblies Ltd (ASAL) has reached a new milestone as its stock price touched a 52-week high of Rs. 836 on April 22, 2024. This smallcap company in the auto ancillary industry has been gaining momentum in the market, outperforming its sector by 9.16% today.

The stock has been on a consecutive rise for the past two days, with a 12.02% increase in returns during this period. It also saw a high volatility of 5.27% today, calculated from the weighted average price. ASAL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, ASAL has shown an impressive performance with a 174.60% increase in its stock price, while the Sensex has only seen a 22.92% growth. This highlights the company's strong performance and potential for growth in the auto ancillary industry.

MarketsMOJO has given a 'Hold' call for ASAL, suggesting that investors hold onto their current positions in the stock. With its recent 52-week high and strong performance, ASAL is definitely a company to watch out for in the auto ancillary sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News