Federal-Mogul Goetze (India) Ltd's Stock Reaches 52-Week High, Outperforms Sector and Sensex

Jun 20 2024 11:35 AM IST
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Federal-Mogul Goetze (India) Ltd, a leading player in the auto ancillary industry, has been performing exceptionally well in the stock market. Its stock price reached a 52-week high of Rs. 453 on 2024-06-20, with a 'Buy' call from MarketsMojo. The company has outperformed the sector and has shown consecutive gains, indicating a strong bullish sentiment and a promising future.


Federal-Mogul Goetze (India) Ltd, a leading player in the auto ancillary industry, has been making headlines recently with its impressive performance in the stock market. On 2024-06-20, the company's stock price reached a 52-week high of Rs. 453, indicating a strong upward trend.

According to MarketsMOJO, a leading stock market analysis platform, Federal-Mogul Goetze (India) Ltd's stock is a 'Buy' call. This is a positive sign for investors, as it shows that the company has a promising future ahead.

In terms of price performance, Federal-Mogul Goetze (India) Ltd has outperformed the sector by 0.31% today. The stock has also been on a consecutive gain for the last 2 days, with a 3.43% increase in returns during this period. This shows that the company is on a steady growth trajectory.

Moreover, Federal-Mogul Goetze (India) Ltd's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong bullish sentiment in the market towards the company's stock.

In terms of overall performance, Federal-Mogul Goetze (India) Ltd has shown a 22.55% increase in the last year, outperforming the Sensex's performance of 22.22%. This further solidifies the company's position as a strong player in the auto ancillary industry.

With its consistent growth and positive outlook, Federal-Mogul Goetze (India) Ltd is definitely a stock to watch out for in the coming days. Investors can expect to see continued success and potential for further growth from this smallcap company.
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