52-week high alert: This microcap industrial product company clocked the upper circuit!
In just five trading sessions, this company's stock has returned more than 25 per cent.
In just five trading sessions, the stock of microcap industrial product company W H Brady & Company Ltd has returned more than 25 per cent. Today, the company's stock price clocked a fresh 52-week high of Rs 395.75. The share has also seen a spurt in volume by 4.37 times.
The company's stock price has been on a tear in recent months, up more than 35 per cent year-to-date. The company's strong performance has been driven by strong demand for its products, as well as its strategic partnerships with leading European companies. The company is well-positioned for continued growth in the future, as the Indian economy continues to expand.
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W H Brady & Company Ltd is a leading player in the engineering goods market in India. The company focuses on liaisoning, marketing, and service of engineering goods. It has also signed agreements with leading European majors in aviation support services for catering to the growing demands of the Indian aviation industry.
W H Brady & Company Ltd is currently trading at Rs 380, up by 50.20 points or 15.22 per cent from its previous closing of Rs 329.80 on the BSE. The scrip opened at Rs 339 and has touched a high and low of Rs 395.75 and Rs 338 respectively. So far 6,151 shares were traded on the counter.