Eveready Industries India Ltd: A Top Performer in the Battery Industry

Eveready Industries India Ltd (EIIL) has been making waves in the battery industry with its consistent growth and strong performance. The smallcap company has recently gained 7.38% on the stock market, with a stock call of 'Buy' by MarketsMOJO. This positive trend is a result of the company's inclusion in the Hidden Turnaround list on MarketsMOJO since 2023-08-14. Despite the recent surge, the stock is still 4.62% away from its 52-week high of Rs 462.95. However, it has outperformed the sector by 5.16% and touched an intraday high of Rs 444.6, a 7.37% increase. This is a clear indication of the company's strong performance and potential for growth. In terms of moving averages, Eveready Industries India Ltd is trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further solidifies the company's position in the market and showcases its consistent growth. In comparison to the Sensex, Eveready Industries India Ltd has outperformed with a 1-day performance of 7.70% compared to Sensex's 1.04%. In the past month, the company's performance has been even more impressive with a 12.12% increase, while the Sensex has seen a decrease of -0.80%. Overall, Eveready Industries India Ltd is a strong player in the battery industry, with a promising future ahead. Its consistent growth and strong performance make it a top choice for investors looking for a reliable and profitable investment.