Bengal & Assam Company Hits 52-Week High, Outperforms Sector with Impressive Returns

Aug 27 2024 09:37 AM IST
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Bengal & Assam Company, a midcap finance and NBFC, has reached a 52-week high on August 27, 2024, with a 'Hold' call by MarketsMojo. The stock has outperformed the sector by 0.5% and has shown consecutive gains for the last 2 days. It is currently trading above its moving averages and has delivered a remarkable 113.93% increase in the past year.

Bengal & Assam Company, a midcap finance and non-banking financial company (NBFC), has recently hit a 52-week high on August 27, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On August 27, the stock reached a new 52-week and all-time high of Rs.10450, outperforming the sector by 0.5%. It has also shown consecutive gains for the last 2 days, with a 3.47% increase in returns during this period. The stock has been trading in a narrow range of Rs.100, indicating stability in its performance.

Bengal & Assam Company is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. In the past year, the company has shown a remarkable performance with a 113.93% increase, while the Sensex has only seen a 25.84% growth.

As a midcap company in the finance and NBFC industry, Bengal & Assam Company has been able to maintain a strong position in the market and deliver impressive returns to its investors. With its recent 52-week high, the company continues to show promising growth potential.
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