Greenpanel Industries' Stock Performance Soars, Receives 'Hold' Call from MarketsMOJO
Greenpanel Industries, a midcap company in the wood and wood products industry, saw a 5.49% increase in its stock on October 9th, 2024, outperforming the sector by 3.52%. The stock has been on a consecutive rise for the last 3 days, currently trading above its moving averages. It has also outperformed the Sensex in both 1 day and 1 month performance. MarketsMojo has given a 'Hold' call for the stock.
Greenpanel Industries, a midcap company in the wood and wood products industry, has seen a positive trend in its stock performance on October 9th, 2024. The stock gained 5.49% on this day, outperforming the sector by 3.52%. This has led to a 'Hold' call by MarketsMOJO for the stock.
In terms of price summary, Greenpanel Industries has been on a consecutive gain for the last 3 days, with a rise of 9.03% in this period. The stock also touched an intraday high of Rs 424.1, showing a 6.03% increase. Additionally, the stock is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the Sensex performance, Greenpanel Industries has outperformed with a 1 day performance of 4.88% versus Sensex's 0.40%. Similarly, in the last 1 month, the stock has shown a 6.61% increase while the Sensex has only seen a 0.50% increase.
Overall, Greenpanel Industries has shown a positive trend in its stock performance, making it a company to watch in the wood and wood products industry. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this midcap company.
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