Electrotherm (India) Ltd's Stock Soars to New High, Outperforms Sector and Sensex.

Nov 12 2024 10:05 AM IST
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On November 12, 2024, Electrotherm (India) Ltd, a smallcap company in the engineering industry, saw a significant increase in its stock price, closing at Rs. 1198.95, a new 52-week and all-time high. The stock has been on a consecutive gain for the last two days, outperforming the sector by 7.74%. It is currently trading higher than its moving averages and has shown a strong performance compared to the Sensex.

Electrotherm (India) Ltd, a smallcap company in the engineering industry, saw a significant increase in its stock price on November 12, 2024. The stock gained 8.64% and closed at Rs. 1198.95, hitting a new 52-week and all-time high. This performance was noted by MarketsMOJO, who have given a 'Sell' call for the stock.

The stock has been on a consecutive gain for the last two days, with a total increase of 18.74% during this period. It also opened with a gap up of 3.72% today and touched an intraday high of Rs. 1198.95, outperforming the sector by 7.74%. Additionally, Electrotherm (India) Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Electrotherm (India) Ltd has shown a strong performance, with a 1-day return of 9.00% compared to Sensex's 0.19%. Over the past month, the stock has outperformed the Sensex by 23.98%, while the Sensex has shown a negative return of -2.14%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in the stock performance of Electrotherm (India) Ltd.
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