NDR Auto Components sees 7.71% stock gain, outperforms sector and Sensex

NDR Auto Components, a smallcap company in the auto ancillary industry, has seen a positive trend in its stock performance on July 1st, 2024. The stock has gained 7.71%, outperforming the sector by 4.74%. This has led to a 'Hold' call by MarketsMOJO.

The stock opened with a gain of 2.23% and touched an intraday high of Rs 915, which is an 8.3% increase. This is a significant improvement after two consecutive days of falling stock prices. NDR Auto Components is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the auto ancillary sector, NDR Auto Components has gained by 2.08%, further solidifying its strong performance. In comparison to the Sensex, the stock has outperformed with a 1-day performance of 9.06% versus the Sensex's 0.51%. In the past month, NDR Auto Components has also outperformed the Sensex with a 10.82% increase compared to the Sensex's 7.40% increase.

Overall, NDR Auto Components has shown a strong performance in the stock market, with positive trends and outperforming both its sector and the Sensex. This makes it a company to watch in the auto ancillary industry.