Benares Hotels Achieves Record High Amid Broader Market Decline, Signaling Industry Resilience

Feb 20 2025 11:15 AM IST
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Benares Hotels has experienced significant stock activity, reaching a new all-time high and outperforming its sector. The stock has shown a strong upward trend over the past three days and has consistently traded above key moving averages, demonstrating resilience in the hotel and restaurant industry amid broader market declines.
Benares Hotels has shown significant activity today, with a notable gain of 7.48% on February 20, 2025. The stock reached a new 52-week and all-time high of Rs. 12,250, reflecting a robust performance that outpaced its sector by 5.88%. Over the past three days, Benares Hotels has demonstrated a strong upward trend, accumulating a total return of 20.19%.

In terms of market positioning, Benares Hotels is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive momentum in its price trajectory. The stock's performance today stands in stark contrast to the broader market, as the Sensex recorded a decline of 0.24%. Over the past month, Benares Hotels has achieved a remarkable 22.34% increase, while the Sensex has experienced a slight decrease of 1.71%. This performance highlights Benares Hotels' resilience and strength within the hotel, resort, and restaurant industry.
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