Manaksia Aluminium Company Ltd Hits 52-Week High, Outperforms Sector and Sensex

Manaksia Aluminium Company Ltd, a microcap company in the non-ferrous metal industry, has recently reached a new milestone. On January 25th, 2024, the company's stock price hit a 52-week high of Rs. 41.99. This news has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Sell' call for the stock. The stock has been performing well, outperforming the sector by 15% and gaining 37.28% in the last two days. It opened with a gain of 4.02% today and reached an intraday high of Rs. 41.99, showing high volatility with an intraday volatility of 9.58%. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, Manaksia Aluminium Company Ltd has shown a remarkable performance with a 84.72% increase in its stock price, while the Sensex has only seen a 17.72% increase. This showcases the company's strong growth potential and its ability to outperform the market. Manaksia Aluminium Company Ltd is a microcap company in the non-ferrous metal industry, which deals with the production and sale of aluminum products. With its recent surge in stock price and strong performance, the company is definitely one to watch out for in the metal industry.