Marathon Nextgen Realty's Stock Hits Record High, Outperforms Sector by 9.35%

Marathon Nextgen Realty, a smallcap company in the construction and real estate industry, has recently reached an all-time high in its stock price. On September 21, 2024, the company's stock price hit a record high of Rs. 724.95, outperforming the sector by 9.35%.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Marathon Nextgen Realty's stock is 'Sell'. However, the company's recent performance has been impressive, with a consecutive gain for the last two days and a 8.83% increase in returns during this period. The stock also touched an intraday high of Rs. 724.95, showing a 9.78% increase.

In terms of moving averages, Marathon Nextgen Realty is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock price.

In comparison to the Sensex, Marathon Nextgen Realty has shown a strong performance over the past year with a 58.08% increase, while the Sensex has only seen a 26.56% increase. This further highlights the company's growth and potential in the construction and real estate industry.

Overall, Marathon Nextgen Realty's stock has been on an upward trend and has reached an all-time high, making it a company to watch in the smallcap category.