Bombay Burmah Trading Corporation Ltd's Stock Price Sees 3.06% Increase, Outperforms Sector and Sensex

Bombay Burmah Trading Corporation Ltd, a leading FMCG company in the largecap industry, saw a 3.06% increase in its stock price on October 1st, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The company's stock hit a new 52-week and all-time high of Rs.2972.6 on the same day, outperforming the sector by 3.91%. This marks the third consecutive day of gains for the stock, with a total increase of 9.89% in the period. The stock also touched an intraday high of Rs.2972.6, showing a 3.76% increase.

In terms of moving averages, Bombay Burmah is trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

Comparing the performance of Bombay Burmah Trading Corporation Ltd to the Sensex, the stock has outperformed with a 1-day performance of 3.15% compared to the Sensex's -0.17%. In the past month, the stock has also shown a strong performance of 18.20% compared to the Sensex's 2.17%.

Overall, Bombay Burmah Trading Corporation Ltd has shown a strong performance in the market, with a positive trend in its stock price and outperforming the sector and Sensex. Investors may want to consider holding onto their shares in the company.