Maan Aluminium's Stock Price Surges 7.53% Amidst 'Sell' Call from MarketsMOJO

Oct 29 2024 03:35 PM IST
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On October 29, 2024, Maan Aluminium, a smallcap company in the aluminium industry, saw a 7.53% increase in its stock price, closing at Rs. 240.5 per share. It outperformed the sector by 7.6% and has been on a consecutive gain for the last 2 days. MarketsMojo has given a 'Sell' call for the company, indicating caution for investors.

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, has seen a significant increase in its stock price on October 29, 2024. The stock has gained 7.53% and closed at Rs. 240.5 per share. MarketsMOJO, a leading stock analysis and recommendation platform, has given a 'Sell' call for Maan Aluminium.

In today's trading session, Maan Aluminium has outperformed the sector by 7.6%. The stock has been on a consecutive gain for the last 2 days and has seen a rise of 12.07% in this period. It also touched an intraday high of Rs. 243.7, which is a 9.53% increase from its previous close. The stock has shown high volatility today with an intraday volatility of 7.85%.

Maan Aluminium is currently 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 smallcap company has shown a strong performance compared to the Sensex, with a 1-day performance of 7.87% against the Sensex's 0.45% performance. In the last month, Maan Aluminium has outperformed the Sensex by 67.13%, while the Sensex has seen a decline of -6.08%.

Maan Aluminium's stock price increase can be attributed to its strong performance in the aluminium and aluminium products industry. However, MarketsMOJO's 'Sell' call suggests caution for investors. It is important to note that this article is based on factual information and does not include any external data or sources. Investors are advised to conduct their own research and analysis before making any investment decisions.
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