Va Tech Wabag Hits All-Time High, Outperforms Sector with Impressive Returns

Va Tech Wabag, a midcap company in the capital goods industry, has recently hit an all-time high price of Rs.1753.9 on October 16, 2024. This has been a consecutive gain for the stock, which has been rising for the last 5 days and has seen a 19.32% increase in returns during this period. The stock has also outperformed the sector by 2.25% today.

The high volatility of the stock is evident from its intraday volatility of 89.96%, calculated from the weighted average price. Despite this, Va Tech Wabag is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Va Tech Wabag has shown an impressive performance with a 297.31% increase, while the Sensex has only seen a 23.42% growth. This showcases the company's strong performance and potential for growth in the capital goods industry.

MarketsMOJO has given a 'Hold' call for Va Tech Wabag, indicating that investors should hold onto their current positions in the stock. With its recent all-time high and consistent gains, Va Tech Wabag is definitely a company to watch out for in the capital goods sector.