IMPAL Shows Strong Performance and Recommended as 'Hold' by MarketsMOJO

Aug 19 2024 01:20 PM IST
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India Motor Parts & Accessories Ltd (IMPAL) has gained 7.04% on August 19, 2024, outperforming the sector by 4.88%. With consecutive gains for the last 2 days and trading above its moving averages, IMPAL has shown a strong upward trend. It has also outperformed the Sensex in the past month, making it a stock to watch in the smallcap industry.

India Motor Parts & Accessories Ltd (IMPAL) has shown a strong performance in the trading industry, with a gain of 7.04% on August 19, 2024. The stock has been recommended as a 'Hold' by MarketsMOJO, indicating a neutral stance for investors.

In terms of price performance, IMPAL has outperformed the sector by 4.88% today. The stock has also been on a consecutive gain for the last 2 days, with a rise of 8.82% during this period. It opened with a gain of 2.78% today and touched an intraday high of Rs 1329.1, showing a strong upward trend.

IMPAL is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, IMPAL has shown a significant outperformance with a 1 day performance of 7.04% compared to Sensex's 0.13%. In the past month, IMPAL has also outperformed the Sensex with a 21.35% gain, while the Sensex has shown a slight decline of -0.08%.

Overall, India Motor Parts & Accessories Ltd has shown a strong performance in the trading industry and has been recommended as a 'Hold' by MarketsMOJO. With its consistent gains and positive trend, IMPAL is a stock to watch out for in the smallcap industry.
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