Enkei Wheels India's Stock Performance Shows Positive Trend on September 26, 2024

Sep 26 2024 02:05 PM IST
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The stock has also outperformed the sector and Sensex in the last month.
Enkei Wheels India's Stock Performance Shows Positive Trend on September 26, 2024
Enkei Wheels India, a smallcap company in the auto ancillary industry, has seen a positive trend in its stock performance on September 26, 2024. The stock gained 8.51% on this day, closing at Rs 752. This performance has been deemed as a 'Sell' call by MarketsMOJO. The stock is currently trading close to its 52-week high of Rs 760, with a difference of only 2.99%. It has also outperformed the sector by 8.24% on this day. Enkei Wheels has been on a consecutive gain for the last 2 days, with a total return of 10.47% in this period. The stock has shown high volatility today, with an intraday volatility of 6.06% calculated from the weighted average price. Enkei Wheels is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In comparison to the Sensex performance, Enkei Wheels has outperformed with a 1-day performance of 6.28% versus Sensex's 0.31%. In the last month, the stock has also shown a better performance of 8.68% compared to Sensex's 4.57%. Overall, Enkei Wheels India has shown a positive trend in its stock performance on September 26, 2024, with a 'Sell' call by MarketsMOJO. Investors should keep an eye on the stock's volatility and moving averages for future performance.
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