Modison Reaches All-Time High Price Milestone

Dec 30 2023 09:30 AM IST
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Modison, a microcap company in the capital goods industry, has reached an all-time high price of Rs.143.5 on December 30, 2023. According to financial analysis platform MarketsMojo, the stock call for Modison is 'Hold' based on its strong performance and current price trend. With consecutive gains and outperforming the sector, Modison has shown impressive growth potential in the past year.

Modison, a leading player in the capital goods industry, has recently reached an all-time high price of Rs.143.5 on December 30, 2023. This is a significant milestone for the microcap company, which has been gaining momentum in the market.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Modison is 'Hold'. This is based on the company's performance in the market and its current price trend.

In today's trading session, Modison outperformed the sector by 1.09%, with an intraday high of Rs.143.5, marking a 4.63% increase. The stock has been on a consecutive gain for the last 3 days, with a total return of 7.25% during this period.

Modison's performance in the past year has been impressive, with a 108.07% increase compared to Sensex's 18.17% growth. This showcases the company's strong potential and growth in the capital goods industry.

Moreover, Modison 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 market.

With its recent all-time high price and consistent growth, Modison is definitely a company to watch out for in the capital goods industry. Investors and market analysts are keeping a close eye on the company's performance and potential for future growth.
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