Posted On: October 6, 2023

Stock Report: BIGBLOC(NSE) 05 Oct 2023

Outlook: Bullish

Sector: Industrials 

Industry: Building Products & Equipment  

Bigbloc Construction Ltd is engaged in the business of manufacturing building blocks and AAC (Aerated Autoclave Concrete) Bricks. AAC blocks are a high quality building material that offers a unique combination of strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance and unprecedented build ability. AAC is a natural and non-toxic construction material, saves energy, and is friendly to the environment. The company supplies to few of the largest Builders and Contractors in India like L&T, Lodha, Indiabulls, Runwal and many others. 

#xCalData predicts that # BIGBLOC will continue its bullish phase over the next five days and trend within the range of 174 to 191. 

In comparison to the previous month, the price of the stock has experienced an increase of 6.73% indicating a bullish.  

The Stock has doubled 4 time(s) since 21 Nov 2016 and took an average of 1.3 years to double. 

  

The stock has not shown seasonality trend in the past.

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past.

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely MFI indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData

Similar Posts