Bannari Amman Sugars Ltd Hits 52-Week High, Shows Potential in Sugar Industry

Jun 25 2024 09:35 AM IST
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Bannari Amman Sugars Ltd, a smallcap company in the sugar industry, saw its stock price reach a 52-week high on June 25th, 2024, currently trading at Rs. 3416.8. Despite a 'Sell' call from MarketsMojo, the stock is trading higher than its moving averages and has shown a growth of 20.31% in the past year.

Bannari Amman Sugars Ltd, a smallcap company in the sugar industry, has recently reached a new milestone with its stock price hitting a 52-week high on June 25th, 2024. The stock, which is currently trading at Rs. 3416.8, has been given a 'Sell' call by MarketsMOJO.

Despite underperforming the sector by -1.26% today, Bannari Amman Sugars Ltd opened with a gain of 4.5% and reached an intraday high of Rs. 3416.8. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Bannari Amman Sugars Ltd has shown a growth of 20.31%, slightly lower than the Sensex's performance of 23.14%. However, this smallcap company has managed to reach a new high, showcasing its potential in the sugar industry.

Bannari Amman Sugars Ltd has been making steady progress in the sugar industry and its recent stock performance is a testament to its growth. With a 'Sell' call from MarketsMOJO, investors may want to keep an eye on this smallcap company's future developments.
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