Raja Bahadur International Hits 52-Week High, Outperforms Sector with 148.49% Return

Raja Bahadur International, a microcap textile company, has recently hit a 52-week high on August 22, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO. Today, the stock opened with a gain of 2% and touched an intraday high of Rs 10552, outperforming the sector by 0.75%.

In the last 20 days, Raja Bahadur International has been on a consecutive gain streak, with a remarkable 148.49% return. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock performance.

In comparison to the Sensex performance of 24.28%, Raja Bahadur International has shown a significant 1-year performance of 171.96%. This showcases the company's strong growth and potential in the market.

Raja Bahadur International is a microcap company in the textile industry. The recent surge in its stock price and positive market performance is a testament to the company's success and potential in the market. Investors and shareholders can continue to hold their positions in the company, as it shows promising growth in the future.