Engineers India Stock Sees 5.34% Increase, Outperforms Sensex in Volatile Trading Day
On October 8th, 2024, Engineers India, a midcap engineering company, saw a 5.34% increase in its stock price. Despite opening with a loss of -10.05%, the stock showed a volatile trading day, touching an intraday high of Rs 199.45 and a low of Rs 170. Currently, the stock is trading below its moving averages, indicating a downward trend.
Engineers India ., a midcap engineering company, saw a 5.34% increase in its stock price on October 8th, 2024. This outperformance was noted by MarketsMOJO, who have given a 'Sell' call for the stock.
The stock opened with a loss of -10.05% today, but managed to touch an intraday high of Rs 199.45 (5.53%) and an intraday low of Rs 170 (-10.05%). This shows a volatile trading day for Engineers India .
Currently, Engineers India is trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price.
In comparison to the Sensex, Engineers India has performed better with a 1 day performance of 5.34% versus Sensex's 0.59%. However, over the past month, the stock has seen a decline of -8.54% while the Sensex has seen a slight increase of 0.42%.
As a midcap engineering company, Engineers India has shown potential for growth in the past. However, it is important to note that this article is based on factual information and does not include any external data or sources. It is always recommended to do your own research and consult with a financial advisor before making any investment decisions.
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