Ganesh Housing Corporation's Stock Sees Positive Trend, Outperforms Sector and Sensex

Ganesh Housing Corporation, a midcap company in the construction and real estate industry, saw a positive trend in its stock performance on October 14th, 2024. The stock gained 5.76% and closed at Rs 918.75. MarketsMOJO has given a 'Hold' call for the stock.

In today's trading session, Ganesh Housing Corporation outperformed its sector by 3.24%. The stock has been on a consecutive gain for the last 5 days and has risen by 17.12% during this period. It also opened with a gap up of 3.38% today and touched an intraday high of Rs 921.75, showing a 3.91% increase.

Ganesh Housing Corporation is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex, Ganesh Housing Corporation's stock performance for the day was 5.41%, while the Sensex only saw a 0.69% increase. Over the past month, Ganesh Housing Corporation's stock has outperformed the Sensex by 15.11%, with a 1-month return of 15.11% compared to the Sensex's -1.14% return.

Overall, Ganesh Housing Corporation's stock has shown a strong performance in the recent days and has been recommended as a 'Hold' by MarketsMOJO. Investors can keep an eye on the company's future developments and performance in the construction and real estate industry.