Banaras Beads . Surges to All-Time High, Outperforming Sector and Sensex

Oct 17 2024 11:06 AM IST
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Banaras Beads ., a microcap company in the miscellaneous industry, has recently reached an all-time high stock price of Rs. 125.95 on October 17, 2024. Despite a 'Sell' rating from MarketsMojo, the stock has outperformed the sector by 14.18% and is trading above its moving averages, showing a strong upward trend.


Banaras Beads ., a microcap company in the miscellaneous industry, has recently seen a surge in its stock price. On October 17, 2024, the company's stock reached an all-time high of Rs. 125.95, breaking its previous 52-week high. This performance has caught the attention of investors and market analysts.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Banaras Beads . is 'Sell'. However, the company's stock has outperformed the sector by 14.18% today, indicating a positive trend reversal. After two consecutive days of falling, the stock has gained momentum and touched an intraday high of Rs. 125.95, showing high volatility with an intraday volatility of 8.38%.

Banaras Beads . is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. In the past year, the company's performance has been impressive, with a 35.81% increase in its stock price, outperforming the Sensex's performance of 22.18%.

While the surge in Banaras Beads .'s stock price is noteworthy, it is important to note that this is not a recommendation to buy or sell the stock. This information is based on facts and figures provided by MarketsMOJO and the company's performance in the past year. As a microcap company in the miscellaneous industry, Banaras Beads . has shown promising growth and investors may want to keep an eye on its future performance.
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