Aditya Birla Fashion & Retail sees 3.0% increase in stock price, outperforms sector

Nov 28 2024 10:35 AM IST
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On November 28, 2024, Aditya Birla Fashion & Retail's stock price increased by 3.0%, attributed to the company's strong performance in the market. Despite being rated as 'Sell' by MarketsMojo, the company has outperformed the sector by 1.43% and has shown consecutive gains for the last 5 days.

Aditya Birla Fashion & Retail, a leading player in the retail industry, has seen a 3.0% increase in its stock price on November 28, 2024. This rise in stock price has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock of Aditya Birla Fashion & Retail is currently rated as 'Sell'. However, the company has outperformed the sector by 1.43% and has been on a consecutive gain for the last 5 days, with a 11.6% increase in returns during this period.

On November 28, the stock touched an intraday high of Rs 318.1, showing a 3.03% increase. The stock is currently trading higher than its 5 day, 20 day, and 200 day moving averages, but lower than its 50 day and 100 day moving averages.

In comparison to the Sensex performance, Aditya Birla Fashion & Retail has shown a 2.45% increase in its stock price, while the Sensex has seen a -0.27% decrease. In the last month, the company's stock has seen a 4.05% increase, while the Sensex has remained relatively stable with a 0.01% change.

Aditya Birla Fashion & Retail continues to be a strong player in the retail industry, with its stock showing positive growth and outperforming the sector. Investors can keep a close eye on the company's performance in the coming days to make informed decisions.
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