Igarashi Motors India's Stock Sees 7.0% Increase, Given 'Hold' Call by MarketsMOJO

Igarashi Motors India, a leading auto ancillary company, saw a 7.0% increase in its stock price on November 18, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading stock market analysis and research platform. The company's stock has outperformed the sector by 7.1% and has shown a trend reversal after 5 consecutive days of falling. The stock touched an intraday high of Rs 730, a 7.2% increase from the previous day's closing. Igarashi Motors India's stock is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, it is lower than its 5-day moving average. In comparison to the Sensex, Igarashi Motors India's stock has performed significantly better, with a 1-day performance of 7.00% compared to Sensex's -0.25%. In the past month, the company's stock has also outperformed the Sensex, with a 3.22% increase compared to Sensex's -4.73% performance. Igarashi Motors India is a smallcap company in the auto ancillary industry. With its recent positive performance and a 'Hold' call from MarketsMOJO, the company is showing promising potential in the market. Investors may want to keep an eye on this stock for future developments.