Macrotech Developers Shows Strong Performance Amid Broader Market Gains

May 02 2025 09:35 AM IST
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Macrotech Developers has demonstrated strong performance, gaining 3.02% on May 2, 2025, and outperforming its sector. The stock has shown consecutive gains over two days, with a total return of 6.36%. It is trading above all key moving averages, reflecting a positive trend in the broader market.
Macrotech Developers has shown significant activity today, gaining 3.02% on May 2, 2025. The stock has outperformed its sector by 3.84%, marking a positive trend as it has experienced consecutive gains over the last two days, accumulating a total return of 6.36% during this period. The stock reached an intraday high of Rs 1370, reflecting a rise of 3.08%.

In terms of moving averages, Macrotech Developers is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to its historical price trends.

In the broader market context, the Sensex has risen by 0.87% after a flat opening, climbing 638.67 points to reach 80,938.86. Mega-cap stocks are leading this upward movement, with Macrotech Developers' performance standing out. Over the past week, the stock has delivered a return of 5.50%, significantly higher than the Sensex's 2.20%. Over the past month, Macrotech Developers has achieved a return of 12.82%, compared to the Sensex's 5.67%.
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