Associated Alcohols & Breweries Ltd. Achieves All-Time High and 'Strong Buy' Rating, Outperforms Sector and Sensex

Associated Alcohols & Breweries Ltd, a smallcap company in the breweries industry, has been making waves in the stock market with its recent performance. On 2024-08-26, the company's stock price reached an all-time high of Rs.925.1, which is a significant milestone for the company.

According to MarketsMOJO, a leading stock market analysis platform, the stock has been given a 'Strong Buy' rating. This is a testament to the company's strong performance and potential for growth in the future.

In terms of price performance, Associated Alcohols & Breweries has outperformed the sector by 3.16% today. The stock has also been on a consecutive gain for the last 2 days, with a 12.87% increase in returns during this period. This is a clear indication of the company's positive momentum and investor confidence.

The stock's intraday high of Rs.925.1 is a 3.17% increase from its previous close. Additionally, Associated Alcohols & Breweries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the company's strong performance and positive outlook.

In the past year, Associated Alcohols & Breweries has shown an impressive growth of 113.31%, outperforming the Sensex's performance of 25.79%. This is a testament to the company's strong fundamentals and efficient management.

Overall, Associated Alcohols & Breweries is a smallcap company in the breweries industry that has been consistently performing well in the stock market. With its recent all-time high and 'Strong Buy' rating, the company is definitely one to watch out for in the future.