Gravita India's Stock Sees Positive Growth, Outperforms Sector on October 31st

Gravita India, a midcap company in the non-ferrous metal industry, has seen a positive growth in its stock price on October 31st, 2024. The stock has gained 6.21% on this day, outperforming the sector by 6.92%. The stock has been on a consecutive gain for the last two days, with a rise of 5.51% in this period.

On October 31st, Gravita India's stock touched an intraday high of Rs 2109.85, showing a 5.46% increase. The stock's moving averages are currently higher than the 5-day, 100-day, and 200-day moving averages, but lower than the 20-day and 50-day moving averages.

In comparison to the Sensex performance, Gravita India's stock has outperformed with a 1-day performance of 6.21% while the Sensex has shown a -0.73% performance. In the last month, Gravita India's stock has seen a -13.97% performance, while the Sensex has shown a -5.83% performance.

Based on these numbers, MarketsMOJO has given a 'Hold' call for Gravita India's stock. With its positive growth and outperforming the sector, Gravita India continues to show potential in the non-ferrous metal industry. Investors may want to keep an eye on this midcap company as it continues to make strides in the market.