Stock Radar: 150% rally in 1 year! This aluminium stock hits fresh record high in November; time to buy?
- Posted on November 13, 2024
- By Business News Today
- 1 Views
Stock Radar: 150% rally in 1 year! This aluminium stock hits fresh record high in November; time to buy?
The aluminium company's stock price surged from Rs 91 on November 10, 2023, to Rs 232 on November 11, 2024, marking an increase of over 150% in a year. The stock has been trending upward since retesting its 200-day EMA in August 2024, with the 21-DMA providing strong support since September. Most technical indicators are showing bullish signals, suggesting continued momentum.