Magadh Sugar & Energy Ltd's Stock Soars to New High, Outperforms Sector and Sensex
On September 27, 2024, Magadh Sugar & Energy Ltd, a smallcap company in the sugar industry, saw a 9.31% increase in its stock price, closing at Rs. 1010, its new 52-week and all-time high. The company has been performing well in comparison to its peers and has outperformed the Sensex by a significant margin, indicating strong fundamentals and efficient management.
Magadh Sugar & Energy Ltd, a smallcap company in the sugar industry, saw a significant increase in its stock price on September 27, 2024. The stock gained 9.31%, closing at Rs. 1010, which is also its new 52-week and all-time high. This performance has been deemed as 'Hold' by MarketsMOJO.
The stock opened with a gain of 3.41% today and touched an intraday high of Rs. 1010, outperforming the sector by 5.79%. Magadh Sugar & Energy Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
In the sugar industry, Magadh Sugar & Energy Ltd's performance has been in line with the sector, which has gained 4.38%. This shows that the company is performing well in comparison to its peers.
In terms of overall market performance, Magadh Sugar & Energy Ltd has outperformed the Sensex by a significant margin. Its 1-day performance is 8.50% compared to the Sensex's 0.04%, and its 1-month performance is 21.67% compared to the Sensex's 5.09%.
This positive performance by Magadh Sugar & Energy Ltd can be attributed to its strong fundamentals and efficient management. The company has been consistently performing well and has shown promising growth potential in the sugar industry. Investors can continue to hold onto their stocks in Magadh Sugar & Energy Ltd for potential future gains.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
