Bhartiya International's Stock Surges to 52-Week High, Outperforms Sector by 1.25%

Oct 14 2024 09:36 AM IST
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Bhartiya International, a microcap company in the leather industry, has recently seen a surge in its stock price, reaching a 52-week high of Rs. 714.75 on October 14, 2024. The stock has outperformed the sector by 1.25% and has been on a consecutive gain for the last 2 days, with a rise of 10.21%. It is currently trading above its moving averages, indicating a positive trend. However, according to MarketsMojo, the stock is currently rated as a 'Sell'.

Bhartiya International, a microcap company in the leather industry, has recently seen a surge in its stock price. On October 14, 2024, the company's stock reached a 52-week high of Rs. 714.75. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

The stock's performance today has outperformed the sector by 1.25%, with a consecutive gain for the last 2 days and a rise of 10.21% in that period. It also opened with a gain of 4.96% and touched an intraday high of Rs. 714.75. The stock has traded in a narrow range of Rs. 3.65.

Bhartiya International is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In the leather sector, Bhartiya International has gained by 3.71%. However, it is important to note that the company's 1-year performance is significantly higher at 213.46% compared to the Sensex's performance of 23.23%.

It is worth mentioning that this article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.
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