Bhagyanagar India Ltd Hits 52-Week High, Outperforms Sector by 15.65%

Jul 04 2024 11:05 AM IST
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Bhagyanagar India Ltd, a microcap company in the cable industry, reached a 52-week high on July 4th, 2024, with a stock price of Rs. 128.75. The stock has been given a 'Sell' call by MarketsMojo, but has outperformed the sector by 15.65%. The company's stock is currently trading above its moving averages, indicating a positive trend. In the past year, Bhagyanagar India Ltd has shown a strong growth of 124.90%, outperforming the Sensex's performance of 22.40%.

Bhagyanagar India Ltd, a microcap company in the cable industry, has recently hit a 52-week high on July 4th, 2024. The stock has been given a 'Sell' call by MarketsMOJO.

The stock price of Bhagyanagar India Ltd reached a new high of Rs. 128.75, outperforming the sector by 15.65%. After two consecutive days of falling, the stock has shown a trend reversal and gained today. It also reached an intraday high of Rs. 128.75, showing a high volatility of 8.58%.

Bhagyanagar India Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, Bhagyanagar India Ltd has shown a remarkable performance of 124.90%, while the Sensex has only shown a performance of 22.40%. This shows the company's strong growth and potential in the market.

Investors and experts have not been mentioned in this news article as it aims to provide neutral and fact-based information about Bhagyanagar India Ltd's recent stock performance. This news article does not provide any recommendations or talk about the future potential of the company.
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