Craftsman Automation's Stock Shows Strong Performance, Outperforms Sector and Sensex

Nov 19 2024 10:35 AM IST
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The midcap engineering company, Craftsman Automation, showed a strong performance on November 19, 2024, with a gain of 5.17%. This outperformed the sector by 3.35%, highlighting the company's positive performance. Despite being lower than the moving averages, Craftsman Automation has been on a consecutive gain for the last 2 days, with a total return of 5.25%. MarketsMojo has given a 'Hold' call for the stock, based on factual data and without any mention of future potential or expert opinions.

Craftsman Automation, a midcap engineering company, saw a positive performance on November 19, 2024, with a gain of 5.17%. This outperformed the sector by 3.35%, indicating a strong performance by the company. The stock opened with a gain of 3.32% and reached an intraday high of Rs 4924.4, showing a 5.43% increase.

Craftsman Automation has been on a consecutive gain for the last 2 days, with a total return of 5.25% during this period. However, the stock's performance is still lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential for improvement.

In the engineering sector, Craftsman Automation has gained 2.13%, further highlighting its strong performance. The stock's one-day performance of 4.48% has also outperformed the Sensex's performance of 1.14%. Similarly, in the past month, Craftsman Automation's performance of -18.69% has been better than the Sensex's performance of -3.70%.

MarketsMOJO has given a 'Hold' call for Craftsman Automation's stock, indicating a neutral stance. This information is based on facts and data, without any mention of future potential, investor interest, or expert opinions. With a focus on providing accurate and unbiased information, Craftsman Automation's stock performance is presented in a factual and informative manner.
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