Maan Aluminium's Stock Reaches All-Time High, Outperforming Sector by 1.62%

Oct 17 2024 09:20 AM IST
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Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, has seen a surge in its stock price, reaching an all-time high on October 17, 2024. Despite this, MarketsMojo has rated the stock as a 'Sell'. The stock has been performing well, outperforming the sector and trading above its moving averages, but it is important to conduct thorough research before investing.

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, has been making headlines recently as its stock price reached an all-time high on October 17, 2024. According to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as a 'Sell'.

The stock has been on a winning streak, gaining for the last four consecutive days and outperforming the sector by 1.62%. Today, it opened with a gap up of 2.82% and touched an intraday high of Rs. 249.5. The stock has been trading at this price since the opening, showing no range. However, it has been highly volatile with an intraday volatility of 6.26%, calculated from the weighted average price.

Maan Aluminium's performance over the past year has been impressive, with a 131.59% increase compared to Sensex's 22.87% growth. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

As a smallcap company in the aluminium industry, Maan Aluminium has shown strong growth and potential. However, it is important to note that this article is based on factual information and does not include any external data or sources. It is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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