Varroc Engineering Hits New 52-Week High at Rs. 670

Varroc Engineering has reached a significant milestone by hitting a new 52-week high of Rs. 670 today, marking a notable achievement for the small-cap company in the auto components and equipment sector. This new high reflects a robust performance, as the stock has outperformed its sector by 1.92% today. The stock has shown consistent upward momentum, gaining for the last two days and delivering a total return of 1.72% during this period. Intraday trading saw Varroc Engineering reach a high of Rs. 670, representing a 3.55% increase, while it dipped to a low of Rs. 623.4, reflecting a decrease of 3.65%. In terms of moving averages, Varroc Engineering is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong trend in its price performance. Over the past year, the stock has delivered an impressive return of 28.98%, significantly outperforming the Sensex, which has risen by 9.09% during the same timeframe.