Binayaka Tex Processors Reaches All-Time High Stock Price Amidst Strong Performance in Textile Industry
Binayaka Tex Processors, a microcap company in the textile industry, has reached an all-time high stock price of Rs.2307.6 on August 17, 2024. Despite underperforming the sector today, the stock has shown a positive trend with a gain of 5.07% and is currently trading higher than its moving averages. With a significant growth of 134.15% in the past year, the company has potential for growth in the textile industry. Investors should do their own research and consult with a financial advisor before making any investment decisions.
Binayaka Tex Processors, a microcap company in the textile industry, has recently reached an all-time high stock price of Rs.2307.6 on August 17, 2024. This news comes as the stock has been given a 'Sell' call by MarketsMOJO.
Despite the new 52-week and all-time high, the stock has underperformed the sector by -5.26% today. This could be attributed to the stock falling after three consecutive days of gains. However, the stock opened with a gain of 5.07% today and touched an intraday high of Rs.2307.6, showing a positive trend.
On the other hand, the stock also touched an intraday low of Rs.2090, indicating some volatility in its performance. Currently, Binayaka Tex Processors is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In terms of overall performance, Binayaka Tex Processors has shown a significant growth of 134.15% in the past year, while the Sensex has only grown by 22.73%. This showcases the company's strong performance and potential for growth in the textile industry.
Investors should keep an eye on Binayaka Tex Processors as it continues to make strides in the market and potentially offer profitable opportunities. However, it is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
