MTAR Technologies Stock Sees 5.02% Increase, Outperforms Engineering Sector by 2.75%
On November 19, 2024, MTAR Technologies, a midcap engineering company, saw a 5.02% increase in its stock price, outperforming the engineering sector by 2.75%. The stock has been on a consecutive gain for 2 days, with a total return of 7.46%. It has also outperformed the Sensex in the last month.
MTAR Technologies, a midcap engineering company, saw a 5.02% increase in its stock price on November 19, 2024. This outperformed the engineering sector by 2.75%. The stock opened with a gain of 2% and reached an intraday high of Rs 1687.2, a 4.6% increase.
The stock has been on a consecutive gain for the last 2 days, with a total return of 7.46% in that period. However, it is currently trading lower than its 50 day, 100 day, and 200 day moving averages, but higher than its 5 day and 20 day moving averages.
In the engineering sector, MTAR Technologies has gained 2.13%, showing a positive trend in the industry.
In comparison to the Sensex performance, MTAR Technologies has outperformed with a 1 day performance of 4.35% versus Sensex's 1.14%. In the last month, MTAR Technologies has also performed better with a -0.35% return compared to Sensex's -3.70%.
Overall, MTAR Technologies has shown a strong performance in the market, with a positive trend in the engineering sector. Investors may want to keep an eye on this midcap company as it continues to show potential for growth.
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