Maharashtra Scooters Hits 52-Week High, Outperforms Sector and Sensex

Sep 18 2024 01:05 PM IST
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Maharashtra Scooters, a midcap company in the finance/NBFC industry, has reached a 52-week high on September 18, 2024. The stock has shown consistent gains in the past 7 days, with a 'Hold' call from MarketsMojo. It is also trading higher than its moving averages, indicating a positive trend. In comparison to the Sensex, the stock has outperformed with a 50.31% return in the last year, showcasing its potential for growth.

Maharashtra Scooters, a midcap company in the finance/NBFC industry, has recently hit a 52-week high on September 18, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO. Today, the stock reached an all-time high of Rs. 11450, showing a 14.38% return in the last 7 days.

The stock's performance is in line with the sector and it has been consistently gaining for the past 7 days. Maharashtra Scooters is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex, Maharashtra Scooters has shown a strong performance with a 50.31% return in the last year, while the Sensex has only seen a 22.89% return. This showcases the company's potential for growth and its ability to outperform the market.

With its strong performance and positive trend, Maharashtra Scooters is definitely a stock to watch out for in the finance/NBFC industry. Investors may want to consider holding onto this stock for potential future gains.
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