Epack Durable's Stock Price Soars, Outperforms Sector and Market on July 1st

Epack Durable, a smallcap company in the air conditioner industry, has seen a significant increase in its stock price on July 1st, 2024. The stock has gained 7.65%, outperforming the sector by 7.12%. The stock is currently trading at its new 52-week and all-time high of Rs.262.45, which was hit today.

According to MarketsMOJO, a leading stock market analysis and research platform, the stock call for Epack Durable is 'Hold'. This means that investors should hold onto their current positions in the company's stock.

Epack Durable has been on a consecutive gain for the last two days, with a 8.32% increase in returns during this period. The stock also touched an intraday high of Rs.262.45, showing a strong performance in the market.

In terms of moving averages, Epack Durable is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the overall market performance, Epack Durable has outperformed the Sensex by a significant margin. On a 1-day basis, the stock has shown a 7.44% increase, while the Sensex has only seen a 0.42% increase. Similarly, on a 1-month basis, Epack Durable has shown a 52.39% increase, while the Sensex has only seen a 7.31% increase.

Overall, Epack Durable's stock has shown a strong performance in the market, with a significant increase in its stock price and outperforming the sector and market. Investors are advised to hold onto their current positions in the company's stock, as per MarketsMOJO's recommendation.