Mehai Technology Achieves Record Stock Price Amidst Sector Decline and Market Resilience

Mehai Technology, a small-cap player in the electric equipment industry, has reached an all-time high stock price of Rs. 333.45, marking a significant achievement for the company. Over the past year, Mehai Technology has demonstrated remarkable performance with an impressive increase of 1088.77%, significantly outpacing the Sensex, which has risen by only 7.98% during the same timeframe.
Today, the stock has outperformed its sector by 4.14%, continuing a robust upward trend with 21 consecutive days of gains, yielding returns of 51.29% over this period. The stock opened at Rs. 333.45 and has maintained this price throughout the trading session.

Moreover, Mehai Technology is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. In contrast, the electric equipment sector has faced a decline of 2.22%. This performance underscores Mehai Technology's resilience and growth potential in a challenging market environment.