Manomay Tex India's Stock Reaches All-Time High, Attracts Attention from MarketsMOJO

Manomay Tex India, a microcap textile company, has seen a surge in its stock price, reaching an all-time high on August 14, 2024. The stock is currently trading at a price that is 1% away from its 52-week high of Rs 313.1. This positive performance has caught the attention of MarketsMOJO, who have given a 'Hold' call for the stock.

The stock has outperformed the sector by 1.97% today, opening with a gain of 2.24%. It touched an intraday high of Rs 310 and has since traded at this price, showing no significant range. Manomay Tex India is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the past year, Manomay Tex India has shown a remarkable performance, with a growth of 128.89%, while the Sensex has only grown by 20.77%. This showcases the company's strong potential and growth in the textile industry.

Manomay Tex India is a microcap company, but its recent stock performance and positive outlook make it a promising player in the textile industry. With a 'Hold' call from MarketsMOJO, investors can keep a close eye on this stock for potential growth opportunities.