Veto Switchgears & Cables Ltd. Hits 52-Week High and Shows Strong Performance in Cable Industry

Aug 08 2024 11:35 AM IST
share
Share Via
Veto Switchgears & Cables Ltd., a microcap company in the cable industry, has hit a 52-week high on August 8th, 2024. The stock has been performing well, with a current price of Rs. 179.2 and a 4.09% increase from the previous day. It has also outperformed its sector and shown a significant growth of 39.20% in the past year. MarketsMojo has given a 'Hold' call, indicating a neutral stance on the stock.

Veto Switchgears & Cables Ltd., a microcap company in the cable industry, has recently hit a 52-week high on August 8th, 2024. The stock has been performing well, with a current price of Rs. 179.2, which is a 4.09% increase from the previous day. This is the second consecutive day of gains for the company, with a total rise of 10.96% in the past two days.

The stock has also outperformed the sector, showing a strong performance compared to its peers. Veto Switchgears & Cables Ltd. has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Veto Switchgears & Cables Ltd. has shown a significant growth of 39.20%, outperforming the Sensex's performance of 20.20%. This showcases the company's strong performance and potential for growth in the cable industry.

MarketsMOJO has given a 'Hold' call for Veto Switchgears & Cables Ltd., indicating a neutral stance on the stock. This news is sure to be welcomed by investors and shareholders of the company.

Overall, Veto Switchgears & Cables Ltd. has shown a strong performance in the market, with a recent 52-week high and consistent gains. With a positive outlook and a 'Hold' call from MarketsMOJO, the company is poised for continued success in the cable industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News