Morganite Crucible (India) Ltd: Smallcap Company Making Big Waves in Refractories Industry

Oct 17 2024 09:30 AM IST
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Morganite Crucible (India) Ltd, a smallcap company in the refractories industry, has been making headlines in the stock market with its recent all-time high stock price of Rs.1945.95. The company has been performing well, outperforming the sector and showing a strong 31.68% increase in its stock price in the past year.

Morganite Crucible (India) Ltd, a smallcap company in the refractories industry, has been making headlines in the stock market recently. On October 17, 2024, the company's stock price reached an all-time high of Rs.1945.95, breaking its previous record.

According to MarketsMOJO, a leading stock market analysis and research platform, the current recommendation for Morganite Crucible (India) is 'Hold'. The stock has been performing well, outperforming the sector by 1.09% and gaining 14.02% in the last four days.

Today, the stock opened with a gain of 2.36% and touched an intraday high of Rs.1945.95. It 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 past year, Morganite Crucible (India) has shown a strong performance with a 31.68% increase in its stock price, while the Sensex has only grown by 22.66%. This showcases the company's potential and growth in the refractories industry.

Morganite Crucible (India) Ltd is a smallcap company, but its recent performance and market buzz have caught the attention of investors. With its consistent growth and positive outlook, the company is definitely one to watch in the refractories industry.
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