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

Benares Hotels, a small-cap player in the Hotel, Resort & Restaurants industry, has shown significant activity today, reaching an all-time high on January 29, 2025. The stock is currently trading just 1.29% away from its 52-week high of Rs 10,990, reflecting a robust performance in the market.
Today, Benares Hotels outperformed its sector by 1.52%, continuing a positive trend with consecutive gains over the past two days, resulting in a notable 13.58% increase during this period. The stock opened at Rs 10,850 and has maintained this trading price throughout the day, indicating stability.

In terms of technical indicators, Benares Hotels is performing well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. Over the past year, the stock has delivered a return of 10.77%, significantly outperforming the Sensex, which recorded a gain of 5.89%. This performance underscores Benares Hotels' solid position within the market and its resilience in a competitive industry.