Delton Cables Reaches All-Time High Price, Outperforms Sector and Market

Delton Cables, a microcap company in the cable industry, has recently reached an all-time high price of Rs.738 on November 18, 2024. This news comes as the stock has been gaining for the past two days, with a consecutive gain of 6.96% during this period. The stock also outperformed the sector by 4.22% today, showing strong performance in the market.

The stock opened with a gap up of 4.86% today and touched an intraday high of Rs.738. It has since traded at this price, indicating a stable and consistent performance. Delton Cables is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong position in the market.

In the past year, Delton Cables has shown an impressive performance with a 257.33% increase, while the Sensex has only seen a 17.76% increase. This showcases the company's strong growth and potential in the market.

MarketsMOJO has given a 'Hold' call for Delton Cables, indicating a neutral stance on the stock. This news, along with the company's recent all-time high price, is a positive sign for investors. However, it is important to note that this article is based on facts and does not include any external data or sources. As a microcap company, Delton Cables may not have the same level of investor interest or expert opinions as larger companies in the industry.