Bhansali Engineering Polymers Ltd Outperforms Sector, Offers High Dividend Yield

Bhansali Engineering Polymers Ltd, a smallcap company in the chemicals industry, has been making headlines in the stock market recently. On July 3rd, the company's stock price reached a new 52-week high of Rs. 139.95, outperforming the sector by 6.01%. This marks a consecutive gain for the stock, which has been rising for the past 2 days and has seen a 7.93% increase in returns during this period.

The stock's performance has been consistently strong, with Bhansali Engineering Polymers trading higher than 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 addition, Bhansali Engineering Polymers offers a high dividend yield of 3.06% at its current price, making it an attractive option for investors looking for stable returns.

Looking at the company's 1-year performance, Bhansali Engineering Polymers has outperformed the Sensex by a significant margin, with a 61.60% increase compared to the Sensex's 22.63% performance. This showcases the company's strong growth potential and its ability to deliver value to its shareholders.

Overall, Bhansali Engineering Polymers has been showing promising performance in the stock market, making it a stock to watch out for in the chemicals industry. With its consistent growth and attractive dividend yield, the stock is a 'Hold' call by MarketsMOJO.