Munjal Auto Industries Ltd. Reaches All-Time High, Shows Strong Performance and Potential for Growth

Aug 01 2024 09:20 AM IST
share
Share Via
Munjal Auto Industries Ltd., a smallcap company in the auto ancillary industry, has reached an all-time high in its stock price on August 1st, 2024. With a 'Buy' call from MarketsMojo, the stock has shown strong performance and potential for growth. It has outperformed the sector and Sensex, with a consecutive gain in the last 2 days and trading above its moving averages.

Munjal Auto Industries Ltd., a smallcap company in the auto ancillary industry, has recently reached an all-time high in its stock price. On August 1st, 2024, the company's stock price touched a record high, showing strong performance and potential for growth.

According to MarketsMOJO, a leading stock analysis and recommendation platform, Munjal Auto Industries Ltd. has been given a 'Buy' call. This is a positive sign for investors, indicating that the company has a promising future.

In terms of price performance, the stock is currently only 0.31% away from its 52-week high of Rs 115.36. It has also outperformed the sector by 2.81% today, showing its strength in the market. The stock has been on a consecutive gain for the last 2 days, with a remarkable 23.42% return in this period. It also opened with a gain of 2.81% today, indicating a strong start to the day.

The stock has been highly volatile today, with an intraday volatility of 8.08%. However, it has been trading above its moving averages of 5, 20, 50, 100, and 200 days, showing a positive trend in its performance.

In comparison to the Sensex, Munjal Auto Industries Ltd. has shown an impressive 1-year performance of 94.29%, while the Sensex has only grown by 23.35%. This further highlights the company's strong performance and potential for growth.

Overall, Munjal Auto Industries Ltd. is a promising smallcap company in the auto ancillary industry, with a strong stock performance and positive outlook. Investors may want to consider adding this stock to their portfolio for potential long-term gains.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News