Equinox India Developments Shows Strong Performance Amid Broader Market Trends

Jan 20 2025 10:45 AM IST
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Equinox India Developments, a midcap construction and real estate firm, has shown strong performance, significantly outperforming its sector and the Sensex. The stock has gained 15.93% over three days and 23.72% over the past month, trading above key moving averages, indicating a positive price trend.
Equinox India Developments, a midcap player in the construction and real estate sector, has demonstrated notable activity with a 5.43% increase on January 20, 2025. This performance has allowed the stock to outperform its sector by 4.2% on the same day, contributing to a cumulative gain of 15.93% over the past three days.

The stock reached an intraday high of Rs 148, reflecting a rise of 4.96%. Currently, Equinox India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signaling a positive trend in its price movement.

In the context of broader market performance, Equinox India Developments has significantly outperformed the Sensex, which saw a modest gain of 0.32% on the same day. Over the past month, the company's stock has surged by 23.72%, contrasting with the Sensex's decline of 1.50%.
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