CEAT Stock Reaches All-Time High, Recognized as 'Buy' by MarketsMOJO.

CEAT, a leading tyre and allied company in the midcap industry, has recently reached an all-time high in its stock price on September 16, 2024. This positive trend has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock.

The stock has been performing exceptionally well, with today's price hitting a new 52-week high of Rs. 3071. It has also outperformed the sector by 1.52% and has been on a consecutive gain for the last 4 days, with a 7.6% increase in returns during this period. The day's high for the stock was Rs. 3071, showing a 2.26% increase.

CEAT's performance over the past year has been impressive, with a 42.26% increase compared to Sensex's 22.34% performance. This further solidifies the company's position as a strong player in the industry.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend and strong market sentiment towards CEAT.

With its consistent growth and strong performance, CEAT is a company to watch out for in the midcap industry. Investors can take advantage of this positive trend and consider adding CEAT to their portfolio.