Associated Alcohols & Breweries Achieves 52-Week High Amid Strong Growth Trends
Associated Alcohols & Breweries has achieved a new 52-week high, reflecting its strong position in the breweries and distilleries industry. The company has shown impressive growth over the past year, significantly outperforming the Sensex, and is currently trading above key moving averages, indicating strong upward momentum.
Associated Alcohols & Breweries has reached a significant milestone, hitting a new 52-week high of Rs. 1195 on January 21, 2025. This achievement underscores the company's strong position in the breweries and distilleries industry. Over the past two days, the stock has gained 2.91%, although it has slightly underperformed its sector by 0.6% today.In the past year, the company has demonstrated impressive growth, with a remarkable increase of 133.63%, significantly outpacing the Sensex's growth of 7.84%. Currently, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust upward momentum. This performance highlights the company's resilience and growth potential within the competitive landscape of the breweries and distilleries sector.
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