Artemis Electricals & Projects Hits All-Time High

Dec 18 2023 10:48 AM IST
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Artemis Electricals & Projects, a smallcap company in the electric equipment industry, has been gaining attention in the stock market. On December 18, 2023, its stock price reached an all-time high of Rs.46.69, outperforming the sector by 4.71%. With a consecutive 12-day gain and a 77.26% return, the company has shown strong growth potential and is currently trading above its moving averages.

Artemis Electricals & Projects, a smallcap company in the electric equipment industry, has been making waves in the stock market recently. On December 18, 2023, the company's stock price reached an all-time high, hitting Rs.46.69. This has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Hold' call for the stock.

In today's trading, Artemis Electricals & Projects outperformed the sector by 4.71%, with a consecutive gain for the last 12 days and a remarkable 77.26% return in that period. The stock also touched an intraday high of Rs.46.69, a 4.99% increase from the previous day.

The company's performance over the past year has been impressive, with a 756.70% increase compared to the Sensex's 16.50% performance. This shows the company's strong growth potential and its ability to outperform the market.

Artemis Electricals & Projects 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 stock's performance.

As a smallcap company in the electric equipment industry, Artemis Electricals & Projects has shown promising growth and potential. However, it is important to note that this article is not a recommendation to buy or sell the stock. It is simply a factual report on the company's recent performance in the stock market. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.
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