ACC Stock Outperforms Sector on September 5th, 2024 with 3.0% Gain.
On September 5th, 2024, ACC, a leading cement company, saw a 3.0% increase in its stock, outperforming the sector by 2.23%. The stock has been on a consecutive gain for the last 5 days, with a rise of 4.53%. It is currently higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages. ACC has also outperformed the Sensex in the last 1 day and 1 month. MarketsMojo has given a 'Hold' call for the stock, indicating a neutral stance.
ACC, a leading cement company in the largecap industry, has seen a positive trend in its stock performance on September 5th, 2024. The stock gained 3.0% on this day, outperforming the sector by 2.23%. MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance.
In terms of price summary, ACC's stock has been on a consecutive gain for the last 5 days, with a rise of 4.53% in this period. The stock also touched an intraday high of Rs 2421.65, showing a 3.11% increase. While the stock is currently higher than its 5-day and 20-day moving averages, it is lower than its 50-day, 100-day, and 200-day moving averages.
Comparing the performance of ACC with the overall market, the stock has outperformed the Sensex by 2.77% in the last 1 day and has gained 1.44% in the last 1 month, while the Sensex has shown a performance of -0.09% and 4.47%, respectively.
ACC's stock performance on September 5th, 2024, showcases its strong position in the cement industry. With a 'Hold' call from MarketsMOJO, investors can keep a watchful eye on the stock's performance in the coming days.
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