Ace Men Engg Works Hits 52-Week High, Outperforms Sector by 4%

Ace Men Engg Works, a microcap company in the miscellaneous industry, has recently hit a 52-week high on August 20, 2024. The stock, which is currently trading at Rs.77.92, has been performing well in the market, outperforming its sector by 4%.

In the last 6 days, the stock has seen a consecutive gain and has risen by 29.87%. Today, the stock opened with a gain of 5% and touched an intraday high of Rs.77.92. It has been trading at this price since then, with no significant range.

Ace Men Engg Works is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Ace Men Engg Works has shown a strong performance with a 40.02% return, outperforming the Sensex's performance of 24.16%.

MarketsMOJO has given a 'Sell' call for the stock, but investors should do their own research and make informed decisions before investing. With its recent 52-week high and strong performance, Ace Men Engg Works is definitely a company to keep an eye on in the miscellaneous industry.