Bhansali Engineering Polymers Ltd Surges to All-Time High, Outperforming Sector

Aug 26 2024 09:45 AM IST
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Bhansali Engineering Polymers Ltd, a smallcap company in the chemicals industry, has reached an all-time high on August 26, 2024, with its stock price surging to Rs.173.85. The stock has shown consecutive gains for the last 3 days and is currently trading above its moving averages, indicating a positive trend. Its remarkable performance of 97.87% in the past year showcases its strong growth and potential in the market.

Bhansali Engineering Polymers Ltd, a smallcap company in the chemicals industry, has seen a surge in its stock price, reaching an all-time high on August 26, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On August 26, the stock hit a new 52-week high of Rs.173.85, outperforming the sector by 0.86%. It has also shown a consecutive gain for the last 3 days, with a 11.06% increase in returns during this period. The stock's intraday high was Rs.173.85, showing a 2.72% increase.

Bhansali Engineering Polymers Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, the company's stock has shown a remarkable performance of 97.87%, while the Sensex has only seen a 25.80% increase. This showcases the strong growth and potential of Bhansali Engineering Polymers Ltd in the market.

With its consistent performance and positive outlook, Bhansali Engineering Polymers Ltd is definitely a company to watch out for in the chemicals industry.
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