G R Infraprojects Stock Sees 5.75% Increase, Outperforms Sector and Sensex

G R Infraprojects, a midcap company in the capital goods industry, saw a 5.75% increase in its stock price on July 3rd, 2024. This rise was reflected in the stock call given by MarketsMOJO, which rated the stock as 'Hold'.

The stock is currently trading at a price that is 3.12% away from its 52-week high of Rs 1859.95. It also outperformed the sector by 4.31% on the day of the price increase. This is a positive sign for investors, as the stock has gained after 4 consecutive days of falling.

On July 3rd, the stock reached an intraday high of Rs 1817.75, which is a 5.64% increase from its previous closing price. This shows a strong upward trend in the stock's performance. Additionally, G R Infraprojects is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

Compared to the overall performance of the Sensex, G R Infraprojects has outperformed with a 1-day performance of 6.02% versus the Sensex's 0.58%. In the past month, the stock has also outperformed the Sensex with a 11.63% increase compared to the Sensex's 4.49% increase.

Overall, G R Infraprojects has shown a strong performance in the capital goods industry, with a positive trend in its stock price and outperforming the sector and Sensex. Investors may want to consider holding onto this stock for potential future gains.