Bemco Hydraulics Ltd Achieves 101.53% Annual Gain Amid Strong Buying Momentum

Bemco Hydraulics Ltd is witnessing significant buying activity, with the stock rising 5.21% today, markedly outperforming the Sensex, which only gained 0.03%. Over the past week, Bemco has increased by 3.86%, while the Sensex managed a modest 0.47% rise. The stock's performance over the last month shows a robust 14.33% increase compared to the Sensex's 1.30%.
In the past three months, Bemco Hydraulics has surged by 53.16%, significantly outpacing the Sensex's 11.12% growth. Year-to-date, the stock has delivered an impressive 72.44% return, while the Sensex has only increased by 4.09%. Over the last year, Bemco has achieved a remarkable 101.53% gain, far exceeding the Sensex's 9.17%.

Today, the stock reached an intraday high of Rs 2300, reflecting a 3.6% increase, while it dipped to a low of Rs 2150. Notably, Bemco Hydraulics has been on a consecutive gain streak for the last two days, accumulating a total return of 5.99%. The stock is currently trading above all key moving averages, indicating strong momentum. With its proximity to the 52-week high, Bemco Hydraulics continues to demonstrate robust performance in the industrial manufacturing sector.