Ras Resorts & Apart Hotels Ltd Hits 52-Week High with Impressive 65.52% Return

May 10 2024 09:35 AM IST
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Ras Resorts & Apart Hotels Ltd, a microcap company in the hotel industry, has hit a 52-week high on May 10, 2024, with a current price of Rs. 68.59, a 20.7% increase from the previous day. The stock has shown consecutive gains for the last 4 days, with a total return of 65.52%. It is currently trading higher than its moving averages and has outperformed the Sensex in the past year. However, past performance does not guarantee future results.

Ras Resorts & Apart Hotels Ltd, a microcap company in the hotel industry, has recently hit a 52-week high on May 10, 2024. The stock has been performing well in the market, with a current price of Rs. 68.59, which is a 20.7% increase from the previous day. This has also led to a consecutive gain for the last 4 days, with a total return of 65.52% in this period.

The stock opened with a gain of 4.99% today and reached an intraday high of Rs. 68.59, which is a 20% increase from the previous day. It has also shown high volatility, with an intraday volatility of 6.67%. This is calculated from the weighted average price.

Ras Resorts & Apart Hotels Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In the past year, Ras Resorts & Apart Hotels Ltd has outperformed the Sensex with a 106.69% return, while the Sensex has only shown a 17.24% return. This showcases the strong performance of the company in the market.

However, it is important to note that this information is based on the stock's past performance and does not guarantee future results. Investors should always conduct their own research and analysis before making any investment decisions.
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