Benares Hotels Achieves All-Time High Amid Strong Market Performance and Consistent Gains

Benares Hotels, a small-cap entity in the hotel, resort, and restaurant sector, has recently reached an all-time high stock price, reflecting its strong market position. Currently trading just 1.78% below its 52-week high of Rs 10,051, the stock has shown impressive performance today, outperforming its sector by 5.61%.
The stock has demonstrated consistent upward momentum, gaining for three consecutive days and achieving a notable 21.9% return during this period. Today, it opened with a gain of 2.48% and reached an intraday high of Rs 9,900, marking a 6.8% increase.

Benares Hotels is also performing well in terms of moving averages, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has appreciated by 14.24%, significantly outpacing the Sensex, which recorded a growth of 5.32%.