Garuda Construction and Engineering Ltd Soars with 8.63% Gain and Sets New 52-Week High

Oct 15 2024 03:10 PM IST
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Garuda Construction and Engineering Ltd, a smallcap company in the construction and engineering industry, had a positive trading day with its stock opening at a gain of 8.63%. The stock continued to perform well, reaching a new 52-week and all-time high of Rs. 120.73, outperforming the sector by 11.71%. The stock's high volatility and strong performance make it a company to watch in the smallcap industry.

Garuda Construction and Engineering Ltd, a smallcap company in the construction and engineering industry, saw a positive start to its trading day as its stock opened with a gain of 8.63%. The stock continued to perform well throughout the day, reaching a new 52-week and all-time high of Rs. 120.73. This marks a significant increase from its previous closing price.

In terms of performance, Garuda Construction and Engineering Ltd outperformed the sector by 11.71% today. This is a positive sign for the company and its investors, indicating strong growth potential. The stock also opened with a gap up, further highlighting its positive momentum.

The stock's intraday high of Rs. 120.73 represents a 27.08% increase from its opening price, showcasing its high volatility. In fact, the stock has been highly volatile throughout the day, with an intraday volatility of 9.24% calculated from the weighted average price.

Compared to the Sensex performance, Garuda Construction and Engineering Ltd has shown a 1-day performance of 13.53%, while the Sensex has seen a -0.21% performance. Similarly, in the past month, the company's performance has been NA% compared to the Sensex's performance of %. These numbers indicate a strong performance by Garuda Construction and Engineering Ltd, making it a company to watch in the smallcap industry.
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