Jindal Saw . Stock Sees Positive Trend, Outperforms Sector and Sensex.
Jindal Saw ., a leading iron and steel company, saw a 3.83% increase in its stock on August 19, 2024, closing at Rs 646.85. MarketsMojo has given a 'Hold' call for the stock, which is currently trading close to its 52-week high and has outperformed the sector and Sensex. The stock has been on a consecutive gain for the last 3 days and is currently trading above its moving averages, indicating a positive trend.
Jindal Saw ., a leading player in the iron and steel industry, has seen a positive trend in its stock performance on August 19, 2024. The stock has gained 3.83% and closed at Rs 646.85. MarketsMOJO, a renowned stock market analysis platform, has given a 'Hold' call for Jindal Saw ., indicating a neutral stance on the stock.
The stock is currently trading close to its 52-week high of Rs 669.95, with a difference of only 2.91%. It has also outperformed the sector by 2.68% on the day. Jindal Saw . has been on a consecutive gain for the last 3 days, with a rise of 5.44% in this period. The stock touched an intraday high of Rs 652.5, showing a strong performance of 3.83%.
Jindal Saw . is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock. This further strengthens the company's position in the market.
In comparison to the Sensex performance, Jindal Saw . has outperformed with a 1-day performance of 4.03% while the Sensex has shown a slight decline of -0.01%. In the last 1 month, Jindal Saw . has seen a significant rise of 19.26% while the Sensex has shown a decline of -0.22%.
Overall, Jindal Saw . has shown a strong performance in the stock market, with a positive trend and outperforming the sector and Sensex. Investors can continue to hold their positions in the stock as per the 'Hold' call by MarketsMOJO.
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