Hawa Engineers Hits All-Time High, Outperforms Sector and Sensex in Past Year

Hawa Engineers, a microcap company in the engineering industry, has recently hit an all-time high on October 13, 2024. The stock, which is currently trading at Rs. 338, has been given a 'Hold' call by MarketsMOJO.

Today, the stock has underperformed the sector by -6.86% and has seen a trend reversal after six consecutive days of gains. However, it opened with a significant gain of 7.82% and touched an intraday high of Rs. 338 (8.16%). On the other hand, it also touched an intraday low of Rs. 281.25 (-10%), showing high volatility with an intraday range of 9.16%.

Hawa Engineers has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In the past year, Hawa Engineers has shown a remarkable growth of 193.65%, outperforming the Sensex's performance of 22.43%. This highlights the company's strong performance and potential for growth in the engineering industry.

Investors should keep an eye on Hawa Engineers as it continues to make strides in the market and maintain its position as a top player in the engineering sector.