EMA India Hits New 52-Week High with 585.85% Annual Return

Dec 27 2024 10:35 AM IST
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EMA India has recently been added to MarketsMojo's list following a revision in its score, reflecting its impressive performance metrics. The stock has reached a new 52-week high and has significantly outperformed its sector, showcasing a strong upward trend with substantial annual returns.
EMA India, a microcap player in the engineering and industrial equipment sector, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 145.4 on December 27, 2024. This performance marks a notable increase of 50.81% over the past 21 days, showcasing a strong upward trend in the stock's value.

On the day of this achievement, EMA India outperformed its sector by 2.13%, indicating robust market activity. The stock opened with a gain of 2% and maintained its trading price throughout the day, reflecting stability in its performance. Additionally, EMA India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum in its price trajectory.

Over the past year, EMA India has delivered an impressive return of 585.85%, significantly outpacing the Sensex, which recorded a performance of 9.67%. This remarkable growth underscores EMA India's strong position within the industrial equipment industry.
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