Relicab Cable Manufacturing Ltd's Stock Reaches All-Time High Amid Strong Performance in Cable Industry
Relicab Cable Manufacturing Ltd, a microcap company in the cable industry, has reached an all-time high stock price on September 23, 2024. Despite a Sell rating from MarketsMojo, the stock has outperformed the sector and is trading above its moving averages. With a strong performance and potential for growth, Relicab Cable is a company to watch in the cable market.
Relicab Cable Manufacturing Ltd, a microcap company in the cable industry, has recently seen its stock price reach an all-time high on September 23, 2024. This news comes as the stock has been given a "Sell" rating by MarketsMOJO.
According to price data, Relicab Cable is currently trading at a price that is 1.97% away from its 52-week high of Rs 155. However, the stock has underperformed the sector by -2.5% in today's trading. It is also worth noting that the stock has fallen after three consecutive days of gains, indicating a possible trend reversal.
In terms of moving averages, Relicab Cable is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests that the stock has been performing well in the short and long term.
In comparison to the Sensex, Relicab Cable has shown a strong performance over the past year, with a growth of 70.91% compared to the Sensex's 28.59%. This showcases the company's potential for growth and success in the cable industry.
As a microcap company, Relicab Cable Manufacturing Ltd may not be as well-known as some of its larger competitors. However, its recent stock price performance and positive outlook in the industry make it a company to watch out for. Investors should keep an eye on Relicab Cable as it continues to make strides in the cable market.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
