Virat Industries' Stock Hits 52-Week High, Shows Strong Potential for Growth

Oct 25 2024 10:35 AM IST
share
Share Via
Virat Industries, a microcap textile company, has seen a surge in its stock price, reaching a 52-week high on October 25th, 2024. Despite being rated as 'Sell' by MarketsMojo, the stock has outperformed the sector by 3.85% and consistently traded above its moving averages. With a remarkable 1-year performance of 127.98%, the company shows strong potential for growth in the textile industry.

Virat Industries, a microcap textile company, has recently reached a new milestone as its stock price hit a 52-week high on October 25th, 2024. This comes as a positive development for the company, as it has been gaining momentum in the market for the past 7 days and has risen by 14.8% during this period.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Virat Industries is currently 'Sell'. However, the company's performance today has outperformed the sector by 3.85%, indicating a strong potential for growth.

The stock opened with a gain of 2% today and touched an intraday high of Rs 466.9, which is also its all-time high. It is worth noting that the stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In comparison to the Sensex performance of 24.31%, Virat Industries has shown a remarkable 1-year performance of 127.98%. This further highlights the company's potential for growth and success in the textile industry.

As a microcap company, Virat Industries may not be on the radar of many investors, but its recent performance and market position make it a company to watch out for. With its stock price reaching new heights, the company is poised for a bright future in the textile 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
Most Read
Why is Chandan Healthca falling/rising?
23 minutes ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
23 minutes ago
share
Share Via
Why is Solarium Green falling/rising?
23 minutes ago
share
Share Via
Why is Gajanand Inter. falling/rising?
23 minutes ago
share
Share Via
Why is Sahasra Electro. falling/rising?
23 minutes ago
share
Share Via
Why is Globale Tessile falling/rising?
23 minutes ago
share
Share Via
Why is AWFIS Space falling/rising?
24 minutes ago
share
Share Via