Betex India's Stock Hits All-Time High, Outperforms Sector with Impressive Growth
Betex India, a microcap textile company, has reached an all-time high price of Rs.385 on August 18, 2024, with a 22.13% increase in the last three days. The stock has outperformed the sector by 2.99% and has shown consistent growth, trading higher than its moving averages. MarketsMojo has given a 'Sell' call, but the stock's performance suggests otherwise.
Betex India, a microcap textile company, has recently hit an all-time high price of Rs.385 on August 18, 2024. This news comes as the stock has been gaining for the last three days and has risen by 22.13% in that period. The stock also opened with a gain of 8.6% today and touched an intraday high of Rs.385, outperforming the sector by 2.99%.
Betex India's performance in the past year has been impressive, with a 133.49% increase compared to the Sensex's 22.73% growth. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
MarketsMOJO has given a 'Sell' call for Betex India, but the stock's recent performance suggests otherwise. It is important to note that this news is based on factual data and does not include any external sources or recommendations. Betex India's success in the textile industry is evident from its consistent growth and strong performance in the stock market. Investors and stakeholders can keep a close eye on this microcap company as it continues to make strides in the industry.
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