Mehai Technology's Stock Reaches New 52-Week High, Showing Impressive Performance in Electric Equipment Industry

Mehai Technology, a microcap company in the electric equipment industry, has recently reached a new 52-week high on October 31, 2024. The stock has been performing well, with a consecutive gain for the last 18 days and a rise of 42.71% in that period. Today, the stock opened with a gain of 2% and touched an intraday high of Rs 137.52.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Mehai Technology is 'Sell'. However, the company's performance in the past year has been impressive, with a 666.98% increase compared to the Sensex's 24.69% performance.

Mehai Technology's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. This microcap company in the electric equipment industry has shown strong growth potential and has caught the attention of investors.

Despite the recent success, it is important to note that this article is not making any recommendations or predictions about the future potential of Mehai Technology. It is simply reporting on the company's current performance and stock call by MarketsMOJO. As a fact-based article, it aims to provide neutral and informative information to readers.