Alfa Ica (India) Ltd Reaches All-Time High, Outperforms Sector with Strong Growth

Aug 14 2024 09:25 AM IST
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Alfa Ica (India) Ltd, a microcap company in the wood products industry, has reached an all-time high price on August 14, 2024. The stock has been performing well, outperforming the sector by 4.69% and showing a consecutive gain for the past 6 days with a 77.18% return. Its strong performance and growth potential make it a company to watch in the microcap market.


Alfa Ica (India) Ltd, a microcap company in the wood products industry, has recently reached an all-time high price on August 14, 2024. The stock has been performing well, with a 'Hold' recommendation from MarketsMOJO.

The stock opened today at Rs. 119.95, hitting a new 52-week and all-time high. It has also outperformed the sector by 4.69% and has been on a consecutive gain for the past 6 days, with a 77.18% return in that period. Additionally, the stock opened with a gain of 4.71% today and touched an intraday high of Rs. 119.95.

Alfa Ica (India) Ltd has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In the past year, Alfa Ica (India) Ltd has shown a remarkable performance of 134.18%, while the Sensex has only seen a 20.88% increase. This showcases the company's strong growth and potential in the wood products industry.

Investors and experts are keeping a close eye on Alfa Ica (India) Ltd as it continues to show promising growth and reach new heights. With its recent all-time high price and consistent positive performance, the company is definitely one to watch in the microcap market.
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