Bombay Burmah Trading Corp Reaches All-Time High, Outperforms FMCG Sector

Sep 27 2024 02:20 PM IST
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Bombay Burmah Trading Corporation Ltd, a midcap FMCG company, has reached an all-time high on September 27, 2024, with its stock currently trading at Rs 2808.15. The company has outperformed the sector by 3.37% and is trading above its moving averages, indicating a positive trend. In the past year, the company has shown a remarkable growth of 133.06%, showcasing its strong position in the FMCG industry.

Bombay Burmah Trading Corporation Ltd, a midcap FMCG company, has reached an all-time high on September 27, 2024. The stock is currently trading at Rs 2808.15, which is 2.16% away from its 52-week high of Rs 2852.65. This performance has been recognized by MarketsMOJO, who have given the stock a 'Hold' call.

In today's trading session, Bombay Burmah opened with a gain of 2.25% and touched an intraday high of Rs 2808.15, outperforming the sector by 3.37%. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Bombay Burmah has shown a remarkable performance with a growth of 133.06%, while the Sensex has only grown by 29.49%. This showcases the company's strong position in the FMCG industry and its ability to outperform the market.

Bombay Burmah Trading Corporation Ltd is a midcap company in the FMCG sector, known for its quality products and strong market presence. With its recent all-time high, the company has once again proven its potential for growth and success. Investors can continue to hold the stock for potential future gains.
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