Austin Engineering Company Hits New All-Time High, Outperforms Sector by 4.18%

Feb 07 2024 09:35 AM IST
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Austin Engineering Company, a microcap company in the bearings industry, has reached a new all-time high of Rs.267.8, outperforming the sector by 4.18%. In the past three days, the stock has seen consecutive gains and has risen by 28.84%. It is currently trading above its moving averages and has shown a remarkable 1-year performance of 120.31%.

Austin Engineering Company, a microcap company in the bearings industry, has recently hit a 52-week high on February 7th, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO. Today, the stock has reached a new all-time high of Rs.267.8 and has outperformed the sector by 4.18%.

In the past three days, the stock has seen consecutive gains and has risen by 28.84%. It opened with a gain of 4.97% today and reached an intraday high of Rs.267.8, a 6.08% increase. Additionally, Austin Engineering Company is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Compared to the Sensex performance of 20.01%, Austin Engineering Company has shown a remarkable 1-year performance of 120.31%. This showcases the company's strong growth and potential in the bearings industry. With its recent surge in stock price and positive performance, Austin Engineering Company is definitely one to watch in the microcap market.
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