Bengal & Assam Company's Stock Reaches All-Time High, Outperforms Sector by 1.37%

Aug 21 2024 09:25 AM IST
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Bengal & Assam Company, a midcap finance company, has seen a surge in its stock price, reaching an all-time high of Rs.10388.95 on August 21, 2024. The company has outperformed the sector by 1.37% and is trading higher than its moving averages, showcasing its strong financials and potential for growth.

Bengal & Assam Company, a midcap finance company, has been making waves in the stock market as its share price reached an all-time high of Rs.10388.95 on August 21, 2024. This has been a significant achievement for the company, which has been gaining momentum in the past few days and has outperformed the sector by 1.37%.

The stock opened with a gain of 2.76% today and touched an intraday high of Rs.10388.95. This is a consecutive gain for the fourth day in a row, with a total rise of 10.42% in this period. Bengal & Assam Company is also 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, Bengal & Assam Company has shown an impressive growth of 106.43%, outperforming the Sensex's performance of 23.78%. This showcases the company's strong financials and its ability to generate returns for its investors.

MarketsMOJO has given a 'Hold' call for Bengal & Assam Company, indicating that the stock is expected to perform steadily in the near future. With its strong performance and positive outlook, Bengal & Assam Company is definitely a stock to watch out for in the finance/NBFC industry.
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