Avro India Achieves All-Time High Stock Price Amid Strong Performance Metrics

Dec 28 2024 09:20 AM IST
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Avro India has achieved a notable milestone, reaching an all-time high stock price of Rs. 198.55. The company has shown impressive performance, significantly outperforming the Sensex. However, recent adjustments in its evaluation reflect the stock's high volatility and strong upward trend, as it continues to be added to MarketsMojo's list. Avro India, a microcap player in the plastic products sector, has demonstrated remarkable growth over the past year, with a substantial increase in stock value. The stock has maintained its peak price throughout the trading session, showcasing resilience despite intraday volatility. Currently, it is trading above all key moving averages, indicating a robust market position.
Avro India, a microcap player in the plastic products industry, has recently achieved a significant milestone by reaching an all-time high of Rs. 198.55 on December 28, 2024. This price point marks a new 52-week high for the company, reflecting its strong market performance.

In today's trading session, Avro India outperformed its sector by 1.73%, continuing a positive trend with a consecutive gain over the past three days, resulting in a total return of 6.06% during this period. The stock opened at Rs. 198.55 and has maintained this price throughout the trading day, indicating stability at this elevated level.

However, the stock has exhibited high volatility, with an intraday volatility rate of 54.39%, suggesting significant price fluctuations. Notably, Avro India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance trajectory over various time frames.

Over the past year, Avro India has delivered an impressive return of 75.01%, significantly outpacing the Sensex, which recorded a gain of 9.25%.
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