Morganite Crucible (India) Ltd Hits 52-Week High, Outperforms Sector by 5.07%

Sep 13 2024 02:35 PM IST
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Morganite Crucible (India) Ltd, a smallcap company in the refractories industry, has seen a significant increase in its stock price, reaching a 52-week high on September 13th, 2024. The company has consistently outperformed the market and is currently trading above all its moving averages, indicating a strong upward trend.


Morganite Crucible (India) Ltd, a smallcap company in the refractories industry, has recently hit a 52-week high on September 13th, 2024. The stock is currently trading at Rs. 1876.5, outperforming the sector by 5.07%.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for Morganite Crucible (India) is 'Hold'. This comes after the stock has gained in the past two days, reversing a previous downward trend.

The company's performance in the past year has been impressive, with a 38.59% increase compared to the Sensex's 22.86% growth. This is a positive sign for investors, as the company has consistently outperformed the market.

In terms of moving averages, Morganite Crucible (India) is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the stock.

It is worth noting that this article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and make informed decisions before investing in any company.
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