Bharat Rasayan Ltd. sees significant stock price increase, outperforms sector and Sensex

Aug 09 2024 09:30 AM IST
share
Share Via
On August 9th, 2024, Bharat Rasayan Ltd., a midcap company in the pesticides and agrochemical industry, saw a significant increase in its stock price, outperforming the sector by 19.18%. This comes after 6 days of falling prices, indicating a potential trend reversal. The stock is currently trading higher than its moving averages and has also outperformed the Sensex in the past month.

Bharat Rasayan Ltd., a midcap company in the pesticides and agrochemical industry, has seen a significant increase in its stock price on August 9th, 2024. The stock has gained 21.99%, outperforming the sector by 19.18%. This comes after 6 consecutive days of falling stock prices, indicating a potential trend reversal.

The stock opened with a gap up of 15.01% and reached an intraday high of Rs 12638.5, which is a 20.37% increase from the previous day's closing price. The stock has also shown high volatility today, with an intraday volatility of 141.06%.

Bharat Rasayan Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, Bharat Rasayan Ltd. has outperformed with a 1-day performance of 21.99% while the Sensex has only seen a 1.14% increase. In the past month, Bharat Rasayan Ltd. has also outperformed the Sensex with a 13.88% increase compared to the Sensex's -0.71% performance.

This recent surge in stock price for Bharat Rasayan Ltd. is a positive sign for the company and its investors. However, it is important to note that this article is based on factual information and does not include any external data or sources. As always, it is recommended to do your own research and consult with a financial advisor before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News