Madhav Marbles & Granites Ltd. sees 8.03% gain and hits new 52-week high, outperforming sector

Madhav Marbles & Granites Ltd., a microcap company in the ceramics and allied industry, saw a positive start to its trading day with a gain of 8.03%. The stock also hit a new 52-week high of Rs.85.54, outperforming the sector by 11.05%. This marks the second consecutive day of gains for the stock, which has seen a rise of 34.89% in the last two days.

The stock opened with a gap up of 8.03% and continued to show high volatility throughout the day, with an intraday volatility of 5.96%. This is calculated from the weighted average price, indicating a highly fluctuating market for Madhav Marbles & Granites Ltd.

In terms of moving averages, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests a positive trend for the company's stock.

However, according to MarketsMOJO, the stock call for Madhav Marbles & Granites Ltd. is 'Sell'. This is based on the stock's performance today, which has outperformed the Sensex by 12.86% compared to the Sensex's performance of 0.06%. In the last month, the stock has also outperformed the Sensex by 53.17% compared to the Sensex's performance of 3.21%.

Investors should keep an eye on Madhav Marbles & Granites Ltd. as it continues to show strong performance in the market, but should also consider the 'Sell' recommendation by MarketsMOJO before making any investment decisions.