IFGL Refractories Hits New 52-Week High of Rs. 329.4
IFGL Refractories has reached a significant milestone by hitting a new 52-week high of Rs. 329.4 today, marking a notable increase of 14.67% during intraday trading. This achievement comes as the stock has outperformed its sector by 12.97%, reflecting strong momentum in its recent performance. Over the past two days, IFGL Refractories has shown impressive gains, accumulating a total return of 16.36%.The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. In the broader market context, the Sensex has also shown positive movement, climbing 209.53 points to reach 81,484.32, which is just 3.21% shy of its own 52-week high.
Over the past year, IFGL Refractories has delivered a return of 10.44%, contrasting with the Sensex's performance of -0.21%. This performance highlights IFGL Refractories' strong position within the Electrodes & Refractories industry, particularly as it continues to gain traction in a competitive market landscape.
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