Hardwyn India's Stock Sees 7.32% Increase, Outperforms Sector and Sensex

Hardwyn India, a smallcap company in the aluminium and aluminium products industry, saw a 7.32% increase in its stock price on October 17, 2024. This rise was in line with the overall performance of the sector, as the company outperformed it by 5.95%.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Hardwyn India is currently 'Sell'. However, it is important to note that the stock has been gaining for the past two days and has seen a 9.11% increase in returns during this period. This indicates a positive trend for the company's stock.

On the day of the price increase, Hardwyn India's stock reached an intraday high of Rs 40.6, showing a high level of volatility with an intraday volatility of 6.01%. This was calculated from the weighted average price.

In terms of moving averages, Hardwyn India's stock is currently higher than its 5-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 20-day moving average.

Compared to the performance of the Sensex, Hardwyn India's stock has outperformed it by 7.45% in the past day and 7.60% in the past month. This shows a strong performance by the company's stock in the short term.

Overall, Hardwyn India's stock has shown a positive trend in the past few days and has outperformed the sector and the Sensex. Investors should keep an eye on the company's stock as it continues to show potential for growth in the aluminium and aluminium products industry.