Raja Bahadur International Hits 52-Week High, Outperforms Sector with Strong Performance

Aug 14 2024 09:38 AM IST
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Raja Bahadur International, a microcap textile company, has reached a 52-week high on August 14th, 2024. The stock has been performing well, with a 4.77% gain and 15 consecutive days of growth, outperforming the sector by 4.5%. It is currently trading above its moving averages, indicating a positive trend. In the past year, the company has shown a strong performance with a 146.70% return, showcasing its potential and growth in the market.


Raja Bahadur International, a microcap company in the textile industry, has recently hit a 52-week high on August 14th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The stock opened with a gain of 4.77% today and touched an intraday high of Rs 8492, outperforming the sector by 4.5%. This marks the 15th consecutive day of gains for the company, with a remarkable 99.98% return in this period.

Raja Bahadur International is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, the company has shown a strong performance with a 146.70% return, while the Sensex has only seen a 20.67% increase. This showcases the company's potential and growth in the market.

With this recent surge in stock price and consistent positive performance, Raja Bahadur International is definitely a company to keep an eye on in the textile industry.
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Our weekly and monthly stock recommendations are here
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