Motisons Jewellers' Stock Price Soars 7.44% and Outperforms Sector on September 12, 2024
Motisons Jewellers, a smallcap company in the diamond and gold jewellery industry, saw a 7.44% increase in its stock price on September 12, 2024. The stock reached a new 52-week and all-time high of Rs.253.85 and has been trading higher than its moving averages, indicating a positive trend. It has also outperformed the sector and the Sensex in the past 1 day and 1 month, showing strong performance in the stock market.
Motisons Jewellers, a smallcap company in the diamond and gold jewellery industry, saw a 7.44% increase in its stock price on September 12, 2024. The stock has been given a 'Hold' call by MarketsMOJO.
The company's stock reached a new 52-week and all-time high of Rs.253.85 on the same day. It also outperformed the sector by 7.49% and had a high volatility with an intraday volatility of 6.7%. This was calculated from the weighted average price.
Motisons Jewellers is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock performance.
In comparison to the Sensex, Motisons Jewellers' stock has performed significantly better in the past 1 day and 1 month, with a 6.55% and 49.43% increase respectively. This is in contrast to the Sensex's performance of 0.42% and 2.78% in the same time periods.
Overall, Motisons Jewellers has shown a strong performance in the stock market, with a significant increase in its stock price and outperforming the sector. Investors may want to keep an eye on this smallcap company as it continues to show positive growth.
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