Kabra Extrusion Technik's Stock Sees 7.15% Increase, Outperforms Sector and Sensex
Kabra Extrusion Technik, a smallcap engineering company, saw a 7.15% increase in its stock price on October 14, 2024, outperforming the sector by 6.46%. The stock has consistently traded above its moving averages, indicating a positive trend. It also outperformed the Sensex, with a 7.30% increase compared to the Sensex's 0.68% increase on the same day.
Kabra Extrusion Technik, a smallcap company in the engineering industry, saw a 7.15% increase in its stock price on October 14, 2024. This rise was in line with the overall performance of the sector, as the company outperformed it by 6.46%. The stock reached an intraday high of Rs 470, a significant 8.8% increase, and a low of Rs 417, a decrease of 3.47%.
Kabra Extrusion Technik has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. This is a good sign for investors, as it shows the company's stock is performing well in the market.
In comparison to the Sensex, Kabra Extrusion Technik's stock performance has been impressive. On the day of October 14, 2024, the company's stock saw a 7.30% increase, while the Sensex only saw a 0.68% increase. Over the past month, Kabra Extrusion Technik's stock has also outperformed the Sensex, with a -2.41% increase compared to the Sensex's -1.15% decrease.
Overall, Kabra Extrusion Technik's stock has shown strong performance in the market, with consistent increases and outperforming the sector and the Sensex. Investors may want to keep an eye on this smallcap company in the engineering industry as it continues to show positive growth.
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