Baroda Extrusion's Stock Reaches All-Time High, Outperforming Sector and Sensex

Sep 13 2024 09:25 AM IST
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Baroda Extrusion, a microcap company in the non-ferrous metal industry, has seen a surge in its stock price, reaching an all-time high of Rs. 11.94 on September 13, 2024. Despite a 'Sell' call from MarketsMojo, the stock has outperformed the sector by 3.86% and is currently trading above its moving averages. With a remarkable growth of 294.06% in the past year, Baroda Extrusion is a promising player in the non-ferrous metal industry.

Baroda Extrusion, a microcap company in the non-ferrous metal industry, has recently seen a surge in its stock price. On September 13, 2024, the company's stock reached an all-time high of Rs. 11.94, breaking its previous 52-week high. This performance has caught the attention of investors and market analysts.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Baroda Extrusion's stock is 'Sell'. However, the company's recent price performance has been impressive, outperforming the sector by 3.86%. The stock has also been on a winning streak for the past 6 days, with a 32.23% increase in returns during this period.

Baroda Extrusion's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement. This is a promising sign for investors and reflects the company's strong performance in the market.

In the past year, Baroda Extrusion has shown a remarkable growth of 294.06%, outperforming the Sensex's performance of 22.68%. This further highlights the company's potential and growth in the non-ferrous metal industry.

As a microcap company, Baroda Extrusion may not be on the radar of many investors, but its recent price surge and strong performance make it a company to watch out for in the non-ferrous metal industry.
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