ACC Stock Sees Positive Growth on November 27, Outperforms Sector by 2.37%
On November 27, 2024, ACC, a leading cement company in India, experienced a 4.46% increase in its stock price, outperforming the sector by 2.37%. However, MarketsMojo has given a 'Sell' call for the stock due to its lower performance compared to moving averages and recent decline in the past month.
ACC, one of the leading cement companies in India, saw a positive growth in its stock price on November 27, 2024. The stock gained 4.46%, outperforming the sector by 2.37%. The day's high for the stock was Rs 2181.3, a 3.21% increase from the previous day's closing price.
Despite the positive growth, MarketsMOJO has given a 'Sell' call for ACC's stock. This may be due to the fact that the stock's performance today was higher than the sector, but it is still lower than the 5 day moving average. Additionally, it is also lower than the 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the Sensex, ACC's stock performance for the day was significantly higher, with a 4.46% increase compared to the Sensex's 0.48% increase. However, over the past month, ACC's stock has seen a decline of -1.88%, while the Sensex has seen a positive growth of 1.24%.
Overall, ACC's stock has shown a positive growth on November 27, 2024, but it is important to consider the stock's performance in relation to the sector and moving averages. Investors should also keep in mind the recent decline in the stock's performance over the past month.
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