EMA India's Stock Hits 52-Week High, Outperforms Sector and Sensex in Past Year

Nov 14 2024 10:35 AM IST
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EMA India, a microcap company in the engineering industry, has hit a 52-week high on November 14, 2024, with a current stock price of Rs.83.96, up 3.22% from the sector's performance. The stock has been on a consecutive gain in the past 14 days, trading above its moving averages and outperforming the Sensex by 330.79% in the past year.

EMA India, a microcap company in the engineering industry, has recently hit a 52-week high on November 14, 2024. The stock has been performing well, with a 'Sell' call by MarketsMOJO. The current price of the stock is Rs.83.96, which is an increase of 3.22% compared to the sector's performance.

In the past 14 days, EMA India's stock has been on a consecutive gain, rising by 97.55%. Today, the stock opened with a gain of 4.99%, reaching an intraday high of Rs.83.96. It has been trading at this price since the opening, indicating a strong performance.

EMA India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. The engineering - industrial equipments sector has also seen a gain of 2.13%, further highlighting the company's strong performance.

In the past year, EMA India has outperformed the Sensex by a significant margin, with a 330.79% return compared to the Sensex's 19.81% return. This showcases the company's strong growth and potential in the industry.

Overall, EMA India's stock has been on a positive trajectory, with a strong performance in the past year and a recent 52-week high. Investors may want to keep an eye on this microcap company in the engineering industry.
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