Benares Hotels Stock Sees Positive Trend, Outperforms Sector and Sensex

Benares Hotels, a smallcap company in the hotel, resort, and restaurant industry, has seen a positive trend in its stock performance on October 11, 2024. The stock has gained 7.46%, outperforming the sector by 9.18%. This comes after two consecutive days of fall, indicating a potential trend reversal.

The stock also saw high volatility today, with an intraday volatility of 5.72%. It reached an intraday high of Rs 9200, which is a significant increase of 11.45%. This is calculated from the weighted average price.

In terms of moving averages, Benares Hotels is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

Compared to the Sensex performance, Benares Hotels has outperformed with a 1-day performance of 7.69% while the Sensex saw a decrease of -0.16%. Similarly, in the past month, Benares Hotels has seen a 7.77% increase while the Sensex has only seen a -0.06% change.

Overall, Benares Hotels has shown a strong performance in the stock market, with a positive trend and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap company in the hotel, resort, and restaurant industry.