Vasu Bhagnani Industries' Stock Price Hits All-Time High, Outperforms Sector and Moving Averages
Vasu Bhagnani Industries, a smallcap company in the TV broadcasting and software industry, has seen a remarkable 55.03% increase in returns in the past 9 days, reaching an all-time high of Rs.368.65 on June 19, 2024. The stock is currently trading above all its moving averages and has outperformed the market with a 1486.27% growth in the past year.
Vasu Bhagnani Industries, a smallcap company in the TV broadcasting and software industry, has been making waves in the stock market. On June 19, 2024, the company's stock price reached an all-time high, hitting Rs.368.65. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.
The stock has been on a winning streak for the past 9 days, outperforming the sector by 5%. In this period, it has seen a remarkable 55.03% increase in returns. Today, the stock opened with a gain of 5% and touched an intraday high of Rs.368.65. It has been trading at this price since then, showing no range.
Vasu Bhagnani Industries is also performing well in comparison to its moving averages. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the stock.
In the past year, Vasu Bhagnani Industries has shown an impressive performance of 1486.27%, while the Sensex has only seen a 22.70% increase. This further highlights the company's growth potential and its ability to outperform the market.
Investors looking for a promising smallcap company in the TV broadcasting and software industry may want to consider Vasu Bhagnani Industries. With its recent surge in stock price and positive outlook from MarketsMOJO, it could be a valuable addition to any investment portfolio.
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