Johnson Controls-Hitachi Air Condition. India Ltd Hits 52-Week High, Outperforms Sector

Sep 30 2024 09:35 AM IST
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Johnson Controls-Hitachi Air Condition. India Ltd, a midcap company in the air conditioning industry, has hit a 52-week high on September 30, 2024, currently trading at Rs.2420. It has outperformed the sector by 3.48% and has been part of the Momentumnow Stocks on MarketsMojo since May 28, 2024. The stock has shown consecutive gains for the last 4 days, with a 19.29% increase in returns. It is also trading higher than its moving averages and has shown a strong performance in the past year, outperforming the Sensex. MarketsMojo has given a 'Hold' call for the stock, making it a promising investment option in the air conditioning industry.

Johnson Controls-Hitachi Air Condition. India Ltd, a midcap company in the air conditioning industry, has recently hit a 52-week high on September 30, 2024. The stock is currently trading at Rs.2420, outperforming the sector by 3.48%. It has also been part of the Momentumnow Stocks on MarketsMOJO since May 28, 2024.

The stock has been on a consecutive gain for the last 4 days, with a 19.29% increase in returns during this period. It also touched an intraday high of Rs.2420, showing a 4.65% increase. Johnson Controls-Hitachi Air Condition. India Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, the company has shown a strong performance with a 98.95% increase, while the Sensex has only seen a 29.22% increase. This shows the company's consistent growth and potential in the air conditioning industry.

MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance. The stock's performance and consistent growth make it a promising investment option for investors. With its strong performance and presence in the midcap segment, Johnson Controls-Hitachi Air Condition. India Ltd is definitely a company to watch out for in the air conditioning industry.
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