Auro Laboratories' Stock Reaches 52-Week High, Outperforms Sector and Sensex

May 02 2024 09:35 AM IST
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Auro Laboratories, a microcap pharmaceutical company, has been making headlines in the stock market with its stock price reaching a 52-week high on May 2, 2024. The stock has been on an upward trend, outperforming the sector by 2.59% and consistently trading higher than its moving averages. With a 1-year performance of 255.52%, Auro Laboratories is a company to watch out for in the pharmaceutical industry.

Auro Laboratories, a microcap pharmaceutical company, has been making headlines in the stock market as its stock price reached a 52-week high on May 2, 2024. The company's stock has been on an upward trend, gaining 18.08% in the last four days and outperforming the sector by 2.59%.

On May 2, the stock hit an all-time high of Rs. 244.9, with an intraday high of 6.29%. However, it also saw a dip with an intraday low of Rs. 223.75, showing a volatile trading day.

Auro Laboratories has been consistently performing well, with its stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex, Auro Laboratories has shown an impressive 1-year performance of 255.52%, while the Sensex has only seen a 21.59% growth.

MarketsMOJO has given a 'Hold' call for Auro Laboratories, suggesting that investors hold onto their stocks for now. With its strong performance and consistent growth, Auro Laboratories is definitely a company to watch out for in the pharmaceutical industry.
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