IFB Industries' Stock Reaches 52-Week High, Outperforms Sector and Sensex.

Oct 17 2024 10:05 AM IST
share
Share Via
IFB Industries, a leading domestic appliances company, has been making headlines in the stock market with its recent performance. On October 17, 2024, the company's stock price reached a 52-week high, outperforming the sector by 3.76%. With a significant rise of 23.91% in the last 4 days and trading above all its moving averages, IFB Industries is showing strong potential for future success.

IFB Industries, a leading domestic appliances company, has been making waves in the stock market with its recent performance. On October 17, 2024, the company's stock price reached a 52-week high, showing a strong upward trend. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock is currently trading at a price that is only 0.31% away from its 52-week high of Rs 2242.3. In fact, it has outperformed the sector by 3.76% today, indicating a positive sentiment among investors. This is further supported by the fact that the stock has been gaining for the last 4 days, with a significant rise of 23.91% in this period.

Intraday, the stock touched a high of Rs 2241.85, showing a strong demand for the company's shares. Additionally, IFB Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in the market.

In terms of performance, IFB Industries has outperformed the Sensex by a significant margin, with a 1-year return of 147.84% compared to the Sensex's 22.26%. This showcases the company's strong growth and potential for future success.

Overall, IFB Industries is showing promising signs in the stock market, with a strong upward trend and positive sentiment among investors. With its consistent growth and outperformance in the sector, the company is definitely one to watch out for in the midcap segment.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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