ITD Cementation India Reaches 52-Week High, Listed as 'Strong Buy' on MarketsMOJO

ITD Cementation India, a leading player in the capital goods industry, has recently reached a new milestone by touching its 52-week high on September 23, 2024. This midcap company has been gaining momentum in the market and has been performing exceptionally well in the past few days.

MarketsMOJO, a renowned 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 solidifies the company's position as a strong player in the market.

The stock has been on a consecutive gain streak for the last two days and has seen a remarkable 25.17% increase in returns during this period. Today, the stock opened with a gain of 5.87% and touched an intraday high of Rs. 614.3, which is a 9.5% increase from its previous close. This shows the strong performance of ITD Cementation India in the market.

Moreover, the 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 the market. In the past year, ITD Cementation India has outperformed the Sensex with a remarkable 176.34% increase in its stock price, while the Sensex has only seen a 28.43% increase.

With its recent achievements and strong performance, ITD Cementation India is definitely a stock to watch out for in the capital goods industry. Investors can expect great returns from this midcap company in the coming days.