ITD Cementation India Ltd's Stock Gains 7.35%, Outperforms Sector and Sensex

Mar 14 2024 09:50 AM IST
share
Share Via
ITD Cementation India Ltd, a smallcap company in the capital goods industry, has been gaining attention in the stock market. On March 14, 2024, the stock rose by 7.35%, outperforming the sector by 6.46%. MarketsMojo has given a 'Strong Buy' call for the stock and it has consistently performed above the 100-day and 200-day moving averages. Despite a recent decline, the stock has outperformed the Sensex by 7.57% in just one day, showcasing its resilience in the market. With a positive outlook, ITD Cementation India Ltd is a stock to watch out for in the capital goods industry.

ITD Cementation India Ltd, a smallcap company in the capital goods industry, has been making headlines in the stock market recently. On March 14, 2024, the company's stock gained 7.35%, outperforming the sector by 6.46%. This positive trend is a welcome change for investors, as the stock had experienced three consecutive days of falls prior to this.

MarketsMOJO, a leading stock analysis platform, has given a 'Strong Buy' call for ITD Cementation India's stock. The company has also been listed as part of MOJO Stocks on MarketsMOJO since January 9, 2024. This further adds to the positive sentiment surrounding the company's stock.

In terms of price performance, ITD Cementation India's stock has been consistently higher than the 100-day and 200-day moving averages. However, it is currently lower than the 5-day, 20-day, and 50-day moving averages. This indicates a potential for further growth in the stock's value.

Comparing the stock's performance to the overall market, ITD Cementation India has outperformed the Sensex by 7.57% in just one day. Over the past month, the stock has shown a decline of 14.57%, while the Sensex has seen a slight increase of 1.24%. This shows the company's resilience in the face of market fluctuations.

With its strong performance and positive outlook, ITD Cementation India Ltd is definitely a stock to watch out for in the capital goods industry. Investors can look forward to potential growth and returns from this smallcap company.
{{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