Anant Raj's Stock Hits New High, Outperforms Sector and Sensex

Sep 12 2024 09:50 AM IST
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Anant Raj, a leading construction and real estate company, has seen a 3.08% increase in its stock on September 12, 2024, reaching a new 52-week and all-time high of Rs. 643.5. This has caught the attention of MarketsMojo, who have given a 'Buy' call for the stock. Anant Raj has also outperformed the sector by 2.29% and has been on a consecutive gain for the last 3 days, with a 4.71% increase in returns. Its stock is currently trading higher than its moving averages and has outperformed the Sensex in the last month. With its strong performance, Anant Raj is a stock to watch out for in the construction and real estate industry.

Anant Raj, a leading construction and real estate company, has been making waves in the market with its recent performance. On September 12, 2024, the company's stock gained 3.08%, closing at Rs. 643.5, which is also its new 52-week and all-time high. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

Anant Raj's performance today has also outperformed the sector by 2.29%, showcasing its strong growth potential. The stock has been on a consecutive gain for the last 3 days, with a 4.71% increase in returns during this period. It also touched an intraday high of Rs. 643.5, a 4.09% increase from the previous day.

The company's stock is currently 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 comparison to the Sensex, Anant Raj has outperformed with a 1-day performance of 3.21% versus the Sensex's 0.48%. In the last month, the stock has shown a 24.07% increase, while the Sensex has only grown by 2.84%.

With its strong performance and positive outlook, Anant Raj is definitely a stock to watch out for in the construction and real estate industry. Investors can consider adding it to their portfolio for potential growth and returns.
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