Marine Electricals (India) Ltd: Smallcap Engineering Company Making Waves in Stock Market

Aug 09 2024 09:35 AM IST
share
Share Via
Marine Electricals (India) Ltd, a smallcap engineering company, has been performing exceptionally well in the stock market. Its stock price reached an all-time high on August 9th, and is currently trading above all its moving averages. With a growth of 315.61% in the past year, the company has outperformed the sector and is a 'Buy' call according to MarketsMojo.


Marine Electricals (India) Ltd, a smallcap engineering company, has been making waves in the stock market with its impressive performance. On August 9th, the company's stock price reached an all-time high, signaling a positive outlook for the company.

According to MarketsMOJO, a leading stock market analysis platform, Marine Electricals (India) Ltd is a 'Buy' call. This is a testament to the company's strong fundamentals and growth potential.

The stock price has been on an upward trend, with the company hitting a new 52-week high of Rs.295.5 today. In fact, Marine Electricals (India) Ltd has outperformed the sector by 3.27% in today's trading session.

The company's moving averages also paint a positive picture, with Marine Electricals (India) Ltd trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong and sustained uptrend in the company's stock price.

In the past year, Marine Electricals (India) Ltd has shown an impressive growth of 315.61%, outperforming the Sensex's performance of 20.82%. This showcases the company's ability to deliver strong returns for its investors.

With its consistent growth and strong fundamentals, Marine Electricals (India) Ltd is definitely a stock to watch out for in the engineering industry. Investors can expect continued positive performance from this smallcap company in the future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News