IL&FS Engg Hits New 52-Week High, Outperforms Sector with Impressive Growth.

Feb 21 2024 10:35 AM IST
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IL&FS Engineering & Construction Co Ltd (IL&FS Engg) has reached a new 52-week high on February 21, with its stock price hitting Rs.53.98. The microcap company in the capital goods industry has been performing well, with a 28.83% increase in its stock price in the past 13 days. It has also shown impressive growth in the past year, outperforming the Sensex. While MarketsMojo has a 'Sell' call on the stock, its consistent gains and strong performance make it a company to watch out for.

IL&FS Engineering & Construction Co Ltd (IL&FS Engg) has reached a new 52-week high on February 21, with its stock price hitting Rs.53.98. This microcap company in the capital goods industry has been performing well in the market, outperforming its sector by 1.9% today.

In the past 13 days, IL&FS Engg has been on a consecutive gaining streak, with a 28.83% increase in its stock price. This is a positive sign for investors, as the company is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, IL&FS Engg has shown an impressive performance, with a 399.81% increase in its stock price, compared to the Sensex's 20.39% growth. This shows the company's strong potential and growth in the market.

IL&FS Engg's stock call by MarketsMOJO is 'Sell', indicating a potential decline in the stock price. However, it is important to note that this is a fact-based analysis and not a recommendation from experts or investors.

Overall, IL&FS Engg's recent performance and growth in the market make it a company to watch out for. With its consistent gains and strong performance, it is definitely a microcap company worth keeping an eye on.
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