Eureka Forbes Stock Surges 5.02% and Receives 'Buy' Call from MarketsMOJO

Nov 26 2024 10:35 AM IST
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Eureka Forbes, a leading domestic appliances company, has seen a 5.02% increase in its stock price on November 26, 2024. The stock has been performing well, outperforming its sector by 5.1% and trading higher than its moving averages. With a 'Buy' call from MarketsMojo, Eureka Forbes is a company to watch in the domestic appliances industry.

Eureka Forbes, a leading domestic appliances company, has seen a positive surge in its stock price on November 26, 2024. The stock has gained 5.02% and has been performing well in the market. MarketsMOJO has given a 'Buy' call for Eureka Forbes, indicating a positive outlook for the company.

In terms of price performance, Eureka Forbes has outperformed its sector by 5.1% today. The stock has also been on a consecutive gain for the last 2 days, with a rise of 5.13% in this period. It opened with a gain of 2.15% today and touched an intraday high of Rs 585, showing a strong upward trend.

Eureka Forbes is also trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bullish trend in the market. This is a positive sign for investors and reflects the company's strong performance.

In comparison to the Sensex, Eureka Forbes has outperformed with a 1 day performance of 4.53% while the Sensex has shown a negative performance of -0.19%. Similarly, in the last 1 month, Eureka Forbes has outperformed the Sensex with a 10.12% return compared to the Sensex's 0.70% return.

Overall, Eureka Forbes has shown a strong performance in the market and has gained the attention of investors. With a 'Buy' call from MarketsMOJO and positive price performance, Eureka Forbes is a company to watch out for in the domestic appliances industry.
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