Motherson Sumi Wiring India's Stock Performance Shines, Receives 'Buy' Call from MarketsMOJO

Motherson Sumi Wiring India, a leading auto ancillary company, has been making headlines in the stock market with its recent performance. On September 24, 2024, the company's stock gained 3.28%, outperforming the sector by 2.81%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In terms of price performance, Motherson Sumi Wiring India has been on a consecutive gain for the last 2 days, with a rise of 3.84% during this period. The stock also touched an intraday high of Rs 72.45, showing a 4.08% increase. This is a clear indication of the company's strong performance in the market.

Moreover, Motherson Sumi Wiring India is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This further reinforces the company's positive momentum and strong position in the market.

In comparison to the Sensex, Motherson Sumi Wiring India has outperformed with a 1 day performance of 3.72% versus the Sensex's 0.20%. Similarly, in the last 1 month, the company has shown a 1.99% increase while the Sensex has only seen a 4.95% rise.

Overall, Motherson Sumi Wiring India's recent performance and market position make it a promising stock to watch out for. With a 'Buy' call from MarketsMOJO, investors can consider adding this largecap company to their portfolio for potential growth and returns.