India Motor Parts & Accessories Ltd reaches all-time high, outperforms sector and shows strong growth
India Motor Parts & Accessories Ltd, a smallcap trading company, has reached an all-time high on January 19, 2024, with a current price of Rs 1117.85. The stock has outperformed the sector by 0.38% and has been gaining for the last two days, with a return of 7.29%. Despite high volatility, the stock is trading higher than its moving averages and has shown a strong performance of 61.65% in the past year. MarketsMojo has given a 'Hold' call, showcasing the company's potential in the trading industry.
India Motor Parts & Accessories Ltd, a smallcap trading company, has reached an all-time high on January 19, 2024. The stock has been performing well, with a current price of Rs 1117.85, which is 2.13% away from its 52-week high of Rs 1140.75. Today, the stock has outperformed the sector by 0.38% and has been gaining for the last two days, with a return of 7.29% in this period.
The stock has also shown high volatility today, with an intraday volatility of 27.48%, calculated from the weighted average price. This indicates that the stock has been highly fluctuating throughout the day. However, despite this, India Motor Parts & Accessories Ltd is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, India Motor Parts & Accessories Ltd has shown a strong performance, with a return of 61.65%, compared to the Sensex's performance of 18.05%. This showcases the company's growth and potential in the trading industry.
MarketsMOJO has given a 'Hold' call for India Motor Parts & Accessories Ltd, indicating that the stock is expected to maintain its current performance. With its consistent growth and strong performance, India Motor Parts & Accessories Ltd is a promising smallcap company in the trading industry.
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