Automobile Corporation Of Goa (ACGL) Hits All-Time High, Outperforms Sector Peers

Automobile Corporation Of Goa (ACGL) has reached an all-time high price of Rs.2470 on 2024-06-16, making it a top performer in the auto ancillary industry. The stock has been on a steady rise for the past 8 days, gaining 34.38% in returns during this period. Today, it touched an intraday high of Rs.2470, which is also its new 52-week high.

MarketsMOJO, a leading stock analysis and recommendation platform, has given a 'Hold' call for Automobile Corporation Of Goa. This is in line with the overall performance of the auto ancillary sector, indicating that the stock is performing in line with its peers.

The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. This indicates that the stock is in an uptrend and has the potential to continue its upward momentum.

In the past year, Automobile Corporation Of Goa has outperformed the Sensex with a return of 144.00% compared to the Sensex's 21.77% return. This showcases the strong performance of the company and its ability to generate returns for its investors.

Overall, Automobile Corporation Of Goa is a top performer in the auto ancillary industry and has shown consistent growth in the past year. With a 'Hold' call from MarketsMOJO and a strong performance record, the stock is worth considering for investors looking for opportunities in the smallcap segment.