Minda Corporation's Stock Hits New High, Outperforms Sector and Sensex.

Minda Corporation, a leading auto ancillary company in the midcap sector, has seen a significant increase in its stock price on June 18, 2024. The stock has gained 5.29% and closed at Rs. 479.95, hitting a new 52-week and all-time high. This performance has been deemed as 'Hold' by MarketsMOJO.

The stock has been on a consecutive rise for the last four days, with a total gain of 8.73% during this period. It has also outperformed the sector by 2.94% today. The intraday high for the stock was Rs. 479.95, showing a 5.21% increase.

Minda Corporation is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, Minda Corporation has outperformed with a 1-day performance of 4.71% versus Sensex's 0.33%. In the last month, the stock has shown a 11.00% increase, while the Sensex has only seen a 4.38% increase.

Overall, Minda Corporation's stock has shown a strong performance in the market, with a significant increase in its price and outperforming the sector and Sensex. Investors may want to keep an eye on this stock as it continues to show positive growth.