International Combustion (India) Ltd: A Top Performer in the Stock Market with Impressive Growth

Jan 28 2024 09:20 AM IST
share
Share Via
International Combustion (India) Ltd, a leading engineering company in the microcap sector, has been a top performer in the stock market with its stock price reaching an all-time high of Rs. 1775 on January 28, 2024. It has outperformed its sector by 2.75% and has shown a consecutive gain streak for the past 2 days. The company's stock is currently trading higher than its moving averages, indicating a positive trend. With a strong growth potential and impressive performance of 405.94% in the past year, International Combustion (India) Ltd is a promising investment option in the engineering sector.


International Combustion (India) Ltd, a leading engineering company in the microcap sector, has been making waves in the stock market with its recent performance. On January 28, 2024, the company's stock price reached an all-time high of Rs. 1775, making it a top performer in the market.

According to MarketsMOJO, a leading stock analysis platform, International Combustion (India) Ltd's stock has been given a 'Buy' call, making it a favorable investment option for investors. The company has also been listed as a Reliable Performer on MarketsMOJO since July 28, 2023.

In terms of price performance, International Combustion (India) Ltd has outperformed its sector by 2.75% and has been on a consecutive gain streak for the past 2 days, with a 14.96% increase in returns. The stock has shown high volatility today, with an intraday volatility of 8.73%, calculated from the weighted average price.

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

In the past year, International Combustion (India) Ltd has shown an impressive performance of 405.94%, while the Sensex has only recorded a 17.43% increase. This further highlights the company's strong growth potential and its ability to outperform the market.

With its consistent growth and positive performance, International Combustion (India) Ltd is a promising investment option for those looking to invest in the engineering sector. As a microcap company, it has shown great potential and is definitely one to watch out for in the stock market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News