Garg Furnace's Stock Reaches All-Time High Amidst 8-Day Consecutive Gains

Garg Furnace, a microcap company in the iron and steel industry, has recently reached an all-time high stock price of Rs.335.2 on February 18, 2024. This news comes as the stock has been gaining for the past 8 consecutive days, with a 31.01% increase in returns during this period. The stock has also outperformed the sector by 1.04% today.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Garg Furnace's stock is 'Hold'. This is based on the company's performance in the past year, where it has shown a remarkable 471.04% increase compared to the Sensex's 18.11% performance.

Garg Furnace's stock has been trading at its current price since the market opened, with no significant range in its trading. It is also worth noting that the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

As a microcap company in the iron and steel industry, Garg Furnace's recent stock price surge is a positive sign for investors. However, it is important to note that this article is purely informative and does not offer any recommendations or mention any potential future developments. It is based solely on factual data and the company's current stock performance.