Mehai Technology Achieves 52-Week High with 51.24% Gains Over 21 Days

Dec 26 2024 10:35 AM IST
share
Share Via
Mehai Technology has achieved a significant milestone, reaching a 52-week high and demonstrating impressive performance metrics. The stock has been added to MarketsMojo's list following a revision in its score, reflecting its strong upward trend and consistent gains over the past weeks, outperforming its sector significantly. In the latest analysis, Mehai Technology's stock has shown remarkable resilience, gaining for 21 consecutive days and delivering substantial returns. Currently trading above all key moving averages, the stock has surged dramatically over the past year, far exceeding broader market performance. Despite this success, the stock is rated as 'Hold' by MarketsMojo, indicating a cautious outlook amidst its recent achievements.
Mehai Technology, a small-cap player in the electric equipment sector, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 268.45 on December 26, 2024. This impressive performance marks a notable increase of 51.24% over the past 21 days, during which the stock has consistently gained ground.

In today's trading session, Mehai Technology outperformed its sector by 1.89%, reflecting its strong market position. The stock opened at Rs. 268.45 and has maintained this price throughout the day, indicating stability in its trading activity.

Furthermore, Mehai Technology's performance over the past year has been remarkable, with a staggering increase of 771.87%, significantly surpassing the Sensex's growth of 9.98% during the same period. The company's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend in its market performance.
{{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
Most Read
Why is Chandan Healthca falling/rising?
3 hours ago
share
Share Via
Why is KRN Heat Exchan falling/rising?
3 hours ago
share
Share Via
Why is Solarium Green falling/rising?
3 hours ago
share
Share Via
Why is Gajanand Inter. falling/rising?
3 hours ago
share
Share Via
Why is Sahasra Electro. falling/rising?
3 hours ago
share
Share Via
Why is Globale Tessile falling/rising?
3 hours ago
share
Share Via
Why is AWFIS Space falling/rising?
3 hours ago
share
Share Via