Ahmedabad Steelcraft's Stock Reaches 52-Week High, Outperforms Sector by 4.89%

May 27 2024 10:05 AM IST
share
Share Via
Ahmedabad Steelcraft, a microcap trading company, has reached a 52-week high on May 27, 2024, with a 39.33% increase in returns. It has outperformed its sector by 4.89% and has been trading at an all-time high of Rs. 63.7 since then. Its impressive performance in the past year and positive trend make it a company to watch in the stock market.

Ahmedabad Steelcraft, a microcap trading company, has been making headlines in the stock market as its stock price reached a 52-week high on May 27, 2024. The stock has been performing well, outperforming its sector by 4.89% and gaining for the last 8 consecutive days with a 39.33% increase in returns.

On May 27, the stock opened with a gap up of 4.99% and touched an intraday high of Rs. 63.7, which is also its all-time high. The stock has been trading at this price since then, with no significant range.

Ahmedabad Steelcraft's performance in the past year has been impressive, with a 254.87% increase compared to the Sensex's 20.67% performance. This shows the company's strong growth and potential in the trading industry.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, MarketsMOJO has given a 'Sell' call for the stock, suggesting caution for potential investors.

Ahmedabad Steelcraft's success in reaching a 52-week high is a testament to its strong performance and growth in the trading industry. As a microcap company, it has shown promising potential and continues to be a company to watch in the stock market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News