Eldeco Housing & Industries' Stock Reaches All-Time High Amidst Strong Performance and Positive Market Sentiment

Apr 19 2024 09:55 AM IST
share
Share Via
Eldeco Housing & Industries, a microcap real estate company, saw its share price reach an all-time high on April 19, 2024. The stock has been gaining for the last two days, outperforming the sector by 11.4%. With a strong performance and positive market sentiment, the company is trading higher than its moving averages and has outperformed the Sensex in the past year.

Eldeco Housing & Industries, a microcap real estate company, has been making headlines in the stock market as its share price reached an all-time high on April 19, 2024. The stock has been gaining for the last two days and has risen by 11.18% during this period. Today, it outperformed the sector by 11.4% and touched an intraday high of Rs 1060.9, which is a 9.86% increase from the previous day's closing price.

The stock has been highly volatile today, with an intraday volatility of 6.08%, calculated from the weighted average price. This can be attributed to the company's strong performance and positive market sentiment. Eldeco Housing is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.

In the past year, Eldeco Housing & Industries has outperformed the Sensex by a significant margin, with a 78.51% increase in its share price compared to the Sensex's 20.91% performance. This showcases the company's strong growth and potential in the real estate industry.

MarketsMOJO has given a 'Sell' call for Eldeco Housing & Industries, but investors should do their own research and consult with a financial advisor before making any investment decisions. With its impressive performance and positive market sentiment, Eldeco Housing & Industries is definitely a company to watch out for in the microcap real estate sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Vishal Mega Mart falling/rising?
54 minutes ago
share
Share Via
Why is Purple United falling/rising?
54 minutes ago
share
Share Via
Why is Waaree Energies falling/rising?
54 minutes ago
share
Share Via
Why is Gala Precis. Eng falling/rising?
55 minutes ago
share
Share Via
Why is Motherson Wiring falling/rising?
55 minutes ago
share
Share Via
Why is DCX Systems falling/rising?
55 minutes ago
share
Share Via
Why is Jana Small Finan falling/rising?
55 minutes ago
share
Share Via