Ircon International Stock Sees 6.34% Increase, Given 'Hold' Rating by MarketsMOJO

Ircon International, a midcap engineering company, saw a 6.34% increase in its stock price on March 14, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, indicating a neutral stance on the company's performance.

In terms of price movement, Ircon International outperformed its sector by 3.39% on the day. The stock also showed a trend reversal, gaining after three consecutive days of falling. However, it did open with a gap down of -2.35%.

The stock's intraday high was Rs 192.75, a 4.05% increase from the previous day's close, while the intraday low was Rs 175.25, a decrease of -5.4%. This shows high volatility in the stock, with an intraday volatility of 5.91%.

Ircon International's moving averages are currently higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend in the stock's performance.

In comparison to the Sensex, Ircon International's 1-day performance was 6.10%, while the Sensex showed a slight decrease of -0.14%. Over the past month, Ircon International's performance has been -11.74%, while the Sensex has shown a slight increase of 1.17%.

Overall, Ircon International's stock has shown a positive movement on March 14, 2024, but its performance over the past month has been lower compared to the Sensex. Investors may want to keep an eye on the company's future performance before making any investment decisions.