Ajmera Realty & Infra India Ltd's Stock Sees Strong Gain and Positive Trend on October 18, Outperforming Sector and Sensex.

Ajmera Realty & Infra India Ltd, a smallcap company in the construction and real estate industry, saw a positive trend in its stock performance on October 18, 2024. The company's stock gained 7.54% on this day, closing at Rs 859.8. MarketsMOJO has given a 'Hold' call for the stock.

In terms of price, Ajmera Realty & Infra India's stock is currently 3.43% away from its 52-week high of Rs 882.4. On the day of October 18, the stock outperformed the sector by 6.37%, reaching an intraday high of Rs 859.8.

The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the Sensex, Ajmera Realty & Infra India's stock has performed better in the short term, with a 1-day performance of 7.45% compared to the Sensex's -0.19%. In the past month, the stock has also outperformed the Sensex, with a 1-month performance of 28.11% compared to the Sensex's -2.53%.

Overall, Ajmera Realty & Infra India Ltd has shown a positive trend in its stock performance, with a strong gain on October 18 and outperforming the sector and Sensex in both short and long term performance. MarketsMOJO's 'Hold' call suggests a cautious approach for investors.