Mangalam Cement's Stock Reaches All-Time High, Outperforms Sector by 6.11%
Mangalam Cement, a smallcap company in the cement industry, has seen a surge in its stock price, reaching an all-time high on September 4th, 2024. The stock is currently trading at Rs 1060.3, just 1.86% away from its 52-week high. With a 'Hold' call from MarketsMojo and outperforming the sector by 6.11%, the company's strong growth and potential in the cement industry is evident.
Mangalam Cement, a smallcap company in the cement industry, has recently seen a surge in its stock price, reaching an all-time high on September 4th, 2024. The stock is currently trading at a price of Rs 1060.3, which is just 1.86% away from its 52-week high of Rs 1080.
According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current call for Mangalam Cement's stock is 'Hold'. The stock has also outperformed the sector by 6.11% today, opening with a gain of 4.99%.
The stock's performance in the past year has been impressive, with a 190.86% increase compared to the Sensex's performance of 24.92%. This shows the company's strong growth and potential in the cement industry.
Mangalam Cement's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price.
Investors and experts are closely watching Mangalam Cement's performance, as it continues to show promising growth in the cement industry. With its recent surge in stock price and strong performance, Mangalam Cement is definitely a company to keep an eye on.
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