L G Balakrishnan & Bros Shows Strong Performance Amidst Broader Market Trends

Jan 30 2025 12:35 PM IST
share
Share Via
L G Balakrishnan & Bros has experienced notable stock performance, gaining 7.62% on January 30, 2025, and outperforming its sector significantly. The stock has shown a consistent upward trend over three days, reaching an intraday high and trading above key moving averages, indicating strong performance in the market.
L G Balakrishnan & Bros, a small-cap player in the engineering and industrial equipment sector, has shown significant activity today, gaining 7.62% on January 30, 2025. This performance marks a notable outperformance against its sector, exceeding sector gains by 7.4%. Over the past three days, the stock has demonstrated a consistent upward trend, accumulating a total return of 12.69%.

Today, L G Balakrishnan reached an intraday high of Rs 1336.15, reflecting an increase of 8.63%. The stock is currently trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong short- to long-term performance trajectory.

In terms of broader market context, L G Balakrishnan's one-day performance of 7.32% significantly outpaces the Sensex, which recorded a modest gain of 0.39%. Over the past month, the stock has also performed well, with a 5.16% increase compared to the Sensex's decline of 1.81%. This data underscores the stock's robust position within the market.
{{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