Muller & Phipps (India) Ltd Surges 149.69% in 18 Days, Outperforming Sector by 4.24%
Muller & Phipps (India) Ltd, a microcap trading company, has been making waves in the stock market with its recent surge in share price. On October 28th, the company's stock hit a 52-week high of Rs. 691.65, outperforming the sector by 4.24%. This marks the 18th consecutive day of gains for the stock, which has seen a remarkable 149.69% increase in its value during this period.
The stock opened today with a gain of 4.99%, touching an intraday high of Rs. 691.65. It has since maintained this price, showing no range in its trading. This strong performance can also be seen in the company's moving averages, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex, Muller & Phipps (India) Ltd has shown an impressive 1-year performance of 232.52%, while the Sensex has only seen a 24.84% increase. This showcases the company's strong growth and potential in the trading industry.
While the company's stock call by MarketsMOJO is currently 'Sell', the recent surge in share price and consistent gains make Muller & Phipps (India) Ltd a company to watch in the trading sector. With its strong performance and potential for future growth, it will be interesting to see how the company continues to fare in the stock market.
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