Maan Aluminium's Stock Price Surges 9.66% in One Day, Outperforms Sector and Sensex

Oct 09 2024 01:20 PM IST
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On October 9th, 2024, Maan Aluminium's stock price rose by 9.66% and closed at Rs 188.5, just 4.84% below its 52-week high. Despite being given a 'Sell' call by MarketsMojo, the stock has outperformed the sector by 7.69% and has been gaining for the past two days. It also showed high volatility and is currently trading above its moving averages. In comparison to the Sensex, Maan Aluminium has seen a significant increase of 12.30% in just one day and has outperformed the Sensex by 50.61% in the past month. Investors should keep an eye on this smallcap company in the aluminium industry.

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, has seen a significant increase in its stock price on October 9th, 2024. The stock gained 9.66% and closed at Rs 188.5, which is 4.84% away from its 52-week high of Rs 195.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the stock of Maan Aluminium has been given a 'Sell' call. However, the stock has outperformed the sector by 7.69% and has been gaining for the last two days, with a return of 12.32% in this period.

The stock has also shown high volatility today, with an intraday volatility of 5.46%. This is calculated from the weighted average price. Maan Aluminium is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the performance of the Sensex, Maan Aluminium has shown a significant increase of 12.30% in just one day, while the Sensex has only seen a 0.31% increase. In the past month, Maan Aluminium has outperformed the Sensex by 50.61%, with a 0.41% increase in the Sensex.

Overall, Maan Aluminium has shown a strong performance in the stock market, with a significant increase in its stock price and outperforming the sector and Sensex. Investors should keep an eye on this smallcap company in the aluminium industry.
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