Mehai Technology Sees Revision in Score Amidst Record-Breaking Performance Metrics

Mehai Technology, a small-cap player in the electric equipment industry, has recently made headlines as it reached an all-time high of Rs. 302.15 on January 5, 2025. This remarkable performance underscores the company's strong market position and resilience in a competitive sector.
In a recent evaluation, MarketsMOJO has made an adjustment in its score for Mehai Technology, reflecting the stock's impressive trajectory. Over the past year, the company has delivered an astonishing return of 851.95%, significantly outpacing the Sensex, which recorded a mere 11.02% increase during the same period.

The stock has demonstrated consistent strength, gaining for 21 consecutive days and outperforming its sector by 2.45% on the day it hit its new high. Additionally, Mehai Technology is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

Furthermore, Mehai Technology has been added to MarketsMOJO's list, highlighting its noteworthy performance metrics and market standing. As the company continues to navigate the electric equipment landscape, its recent achievements mark a significant milestone in its growth journey.