Bhageria Industries' Stock Price Surges 13.74% in One Day, Outperforms Sector and Sensex

Bhageria Industries, a smallcap company in the dyes and pigments industry, has seen a significant increase in its stock price on August 28, 2024. The stock has gained 13.74% on this day, outperforming the sector by 13.67%. This marks the third consecutive day of gains for the company, with a total return of 30.4% in this period.

The stock opened with a loss of -2.24% today, but quickly rebounded and reached an intraday high of Rs 234, which is also its new 52-week high. However, it also touched an intraday low of Rs 199.35, showing high volatility with an intraday range of 13.6%.

Bhageria Industries has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. This has also caught the attention of MarketsMOJO, a leading stock analysis platform, which has given a 'Hold' call for the stock.

In comparison to the overall market performance, Bhageria Industries has outperformed the Sensex by a significant margin. Its 1-day performance is 13.74% compared to the Sensex's 0.25%, and its 1-month performance is 40.60% compared to the Sensex's 0.72%.

Investors and experts are closely watching the performance of Bhageria Industries, as it has been a part of the Hidden Turnaround list on MarketsMOJO since February 21, 2024. With its recent surge in stock price and positive trend, the company is showing promising potential in the dyes and pigments industry.