Hercules Hoists Ltd. Hits 52-Week High, Outperforms Sector with Consecutive Gains

Hercules Hoists Ltd., a smallcap company in the capital goods industry, has recently hit a 52-week high on October 10, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On October 10, the stock reached a new 52-week and all-time high of Rs. 673.95, outperforming the sector by 4.4%. It has also been on a consecutive gain for the last 3 days, with a 13.68% increase in returns during this period. The stock's intraday high was Rs. 673.95, showing a 6.01% increase.

Hercules Hoists is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Hercules Hoists has shown a remarkable performance with a 107.99% increase, while the Sensex has only seen a 23.98% growth. This showcases the company's strong performance and potential for growth in the capital goods industry.

Investors can keep a close eye on Hercules Hoists as it continues to make strides in the market and maintain its positive momentum. With its recent 52-week high and consistent gains, the company is definitely one to watch out for in the coming days.