Diamond Power Infrastructure sees 5% stock increase, outperforms sector and Sensex

Diamond Power Infrastructure, a midcap company in the cable industry, has seen a 5.0% increase in its stock on October 10th, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call.

In terms of performance, Diamond Power Infrastructure has outperformed its sector by 3.69% today. The stock has been on a consecutive gain for the last 3 days, with a 9.83% increase in returns during this period. It also opened with a gain of 4.76% today and reached an intraday high of Rs 1433.25 (5%). The stock has traded in a narrow range of Rs 3.25.

Diamond Power Infrastructure's moving averages are higher than its 5 day, 20 day, 100 day, and 200 day moving averages, but lower than its 50 day moving average.

In comparison to the Sensex performance, Diamond Power Infrastructure has shown a 5.00% increase in the last 1 day and a 0.55% increase in the last 1 month, while the Sensex has only seen a 0.22% and -0.33% change, respectively.

Overall, Diamond Power Infrastructure has shown positive performance in the stock market, with a steady increase in its stock and outperforming its sector. Investors may want to keep an eye on this midcap company in the cable industry.