NB Footwear Ltd. Hits 52-Week High, Outperforms Sector and Sensex
Despite being rated as 'Sell' by MarketsMojo, NB Footwear Ltd. has reached a new milestone with its stock price hitting a 52-week high of Rs.15.01 on February 29, 2024. The company has outperformed its sector and has been on a consecutive 21-day gaining streak, with a remarkable 50.25% increase in returns. Its stock is currently trading higher than its moving averages, showcasing a strong upward trend. NB Footwear has also shown an impressive 1-year performance of 284.87%, making it a promising investment opportunity in the leather industry.
NB Footwear Ltd., a microcap leather company, has recently reached a new milestone as its stock price hit a 52-week high of Rs.15.01 on February 29, 2024. This comes as a result of the company's consistent growth and positive performance in the market.
According to MarketsMOJO, a leading stock analysis and recommendation platform, NB Footwear's stock is currently rated as 'Sell'. However, the company has outperformed its sector by 1.83% and has been on a consecutive 21-day gaining streak, with a remarkable 50.25% increase in returns during this period.
Moreover, NB Footwear's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in the market.
In comparison to the Sensex performance of 21.54%, NB Footwear has shown an impressive 1-year performance of 284.87%, showcasing its potential for growth and profitability in the leather industry.
As a microcap company, NB Footwear has proven its ability to compete and thrive in the market, making it a promising investment opportunity for investors. With its consistent growth and positive performance, NB Footwear is definitely a company to watch out for in the leather industry.
{{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
