V-Guard Industries' Stock Hits All-Time High, Outperforms Sector by 3.45%

Jun 06 2024 10:35 AM IST
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V-Guard Industries, a leading consumer durables company, has seen a surge in its stock price, hitting a 52-week high of Rs. 394.95 on 2024-06-06. The stock has outperformed the sector by 3.45% and has shown consecutive gains for the last 2 days. It is also trading above its moving averages, indicating a strong upward trend.

V-Guard Industries, a leading player in the consumer durables industry, has been making waves in the stock market with its recent surge in share price. On 2024-06-06, the company's stock hit a 52-week high of Rs. 394.95, which is also an all-time high for the company. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been performing exceptionally well, outperforming the sector by 3.45% in today's trading session. It has also seen a consecutive gain for the last 2 days, with a 6.78% increase in returns during this period. The stock's intraday high of Rs. 394.95 marks a 4.5% increase from its previous close.

V-Guard Industries is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. This is further supported by the company's impressive 1-year performance, with a 58.62% increase compared to Sensex's 19.65% performance.

With its consistent growth and strong performance, V-Guard Industries is proving to be a promising investment in the consumer durables industry. As the company continues to make strides in the market, investors can expect to see more positive developments in the future.
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