GPT Infraprojects sees 7.1% increase in stock price, outperforms sector by 5.32%

GPT Infraprojects, a smallcap company in the capital goods industry, saw a 7.1% increase in its stock price on November 13, 2024. This gain was in line with the overall performance of the sector, as the company outperformed the sector by 5.32%.

The stock had been on a downward trend for the past four days, but today's gain marks a reversal in that trend. The stock reached an intraday high of Rs 133, a 5.51% increase from the previous day's close, and an intraday low of Rs 120, a 4.8% decrease. This high volatility is reflected in the stock's intraday volatility of 6.87%, calculated from the weighted average price.

Despite the recent dip in the stock's performance, it is still performing well in comparison to its moving averages. The stock is currently higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages.

In terms of overall performance, GPT Infraprojects has outperformed the Sensex by 7.10% in the past day and by -9.21% in the past month. This indicates that the company's stock is performing better than the overall market, despite the recent dip in its performance.

MarketsMOJO has given a 'Hold' call for GPT Infraprojects, indicating a neutral stance on the stock. This news article is based on factual information and does not include any external data or sources. It is important to note that this article does not provide any recommendations or mention any potential for future growth.