Bimetal Bearings Ltd. Hits 52-Week High, Showcasing Strong Growth in Bearings Industry
Bimetal Bearings Ltd. has reached a new milestone as its stock price hit a 52-week high on August 27, 2024. Despite underperforming the sector today, the stock has shown a strong upward trend with a 39.10% increase in the past year. This achievement reflects the company's strong performance and growth in the bearings industry.
Bimetal Bearings Ltd., a microcap company in the bearings industry, has recently reached a new milestone as its stock price hit a 52-week high on August 27, 2024. This positive development has caught the attention of investors and analysts, with MarketsMOJO giving a 'Buy' call for the stock.
The stock price of Bimetal Bearings Ltd. reached a high of Rs.799, surpassing its previous 52-week high. Despite underperforming the sector by -1.06% today, the stock has shown a strong upward trend, with a 39.10% increase in the past year compared to the Sensex's 25.84% performance.
In addition, Bimetal Bearings Ltd. has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the company's stock price.
This achievement is a testament to Bimetal Bearings Ltd.'s strong performance and growth in the bearings industry. The company's dedication to providing high-quality products and services has earned them a favorable reputation among investors and customers alike.
With this recent milestone, Bimetal Bearings Ltd. continues to solidify its position as a leading player in the bearings industry. As the company continues to grow and expand, investors can expect to see more positive developments in the future.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
