Lloyds Engineering Works sees 5.02% stock price growth, outperforms sector and Sensex

Lloyds Engineering Works, a midcap company in the steel industry, has seen a positive growth in its stock price on November 27, 2024. The stock has gained 5.02%, outperforming the sector by 3.95%. This has led to a 'Hold' call by MarketsMOJO.

In terms of price performance, Lloyds Engineering Works has been on a consecutive gain for the last 3 days, with a rise of 7.37% in this period. The stock also touched an intraday high of Rs 71.39, showing a 3.84% increase.

While the stock's performance is higher than the 5-day and 200-day moving averages, it is lower than the 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend in the stock's performance.

In comparison to the Sensex, Lloyds Engineering Works has outperformed with a 1-day performance of 5.16% versus the Sensex's 0.12%. In the last month, the stock has also performed better with a 1.59% increase compared to the Sensex's 0.88% increase.

Overall, Lloyds Engineering Works has shown positive growth in its stock price and has been performing better than the sector and the Sensex. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.