Suratwwala Business Group's Stock Reaches All-Time High, Outperforms Sector and Sensex

Oct 15 2024 09:25 AM IST
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Suratwwala Business Group, a smallcap company in construction and real estate, reached an all-time high stock price on October 15, 2024. It has been performing well, with a current 52-week high of Rs.139 and outperforming the Sensex with a 1-year return of 263.54%. According to MarketsMojo, the stock is currently rated as 'Hold'.

Suratwwala Business Group, a smallcap company in the construction and real estate industry, has recently reached an all-time high in its stock price on October 15, 2024. The stock has been performing well in the market, with a current 52-week high of Rs.139. However, it underperformed the sector by -0.61% on the same day.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the stock is currently rated as 'Hold'. This suggests that investors should hold onto their current positions in the company's stock.

In the past two days, Suratwwala Business Group's stock has been on an upward trend, gaining 8.84% in returns. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive market sentiment towards the company.

In terms of performance, Suratwwala Business Group has outperformed the Sensex, with a 1-year return of 263.54% compared to Sensex's 24.03%. This showcases the company's strong growth and potential in the market.

As a smallcap company in the construction and real estate industry, Suratwwala Business Group has shown promising growth and potential in the market. With its recent all-time high stock price and positive market sentiment, the company is definitely one to watch out for in the future.
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