Hardwyn India's Stock Shows Strong Performance, Outperforms Sector and Market

Oct 31 2024 10:05 AM IST
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On October 31, 2024, Hardwyn India, a smallcap company in the aluminium industry, saw a 9.15% increase in its stock, outperforming the sector by 9%. According to MarketsMojo, the current call for the stock is 'Hold'. With consecutive gains and trading above its moving averages, the stock shows potential for growth.

Hardwyn India, a smallcap company in the aluminium and aluminium products industry, has seen a positive trend in its stock performance on October 31, 2024. The stock gained 9.15% on this day, outperforming the sector by 9%.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Hardwyn India's stock is 'Hold'. The stock opened with a gain of 2.15% and reached an intraday high of Rs 42.45, showing a high volatility of 6.63%. This indicates a strong performance for the day.

Hardwyn India has been on a consecutive gain for the last 2 days, with a total return of 21.45% in this period. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the overall market performance, Hardwyn India has outperformed the Sensex by 7.18% in the last 1 day and by 0.10% in the last 1 month. This showcases the company's strong performance and potential for growth in the industry.

Overall, Hardwyn India's stock has shown a positive trend and has been performing well in the market. With a 'Hold' call from MarketsMOJO, investors can keep an eye on this smallcap company in the aluminium and aluminium products industry for potential opportunities.
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