NDR Auto Components' Stock Surges 17.07% in Two Days, Receives 'Hold' Call from MarketsMOJO

NDR Auto Components, a smallcap company in the auto ancillary industry, saw a significant increase in its stock price on October 9th, 2024. The stock gained 7.19%, outperforming the sector by 5.41%. This marks the second consecutive day of gains for the company, with a total increase of 17.07% in the past two days.

The stock opened with a gap up of 6.79% and reached an intraday high of Rs 867.25. NDR Auto Components' stock is currently trading higher than its 5-day, 50-day, 100-day, and 200-day moving averages, but lower than its 20-day moving average.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock's call is 'Hold'. This means that investors should hold onto their current positions in the company's stock.

In comparison to the overall market performance, NDR Auto Components has outperformed the Sensex by a significant margin. On the day of the stock's gain, its performance was 6.86% compared to the Sensex's 0.25%. In the past month, the company's stock has also outperformed the Sensex, with a 10.57% increase compared to the Sensex's 0.34%.

Overall, NDR Auto Components has shown strong performance in the past few days and has received a 'Hold' call from MarketsMOJO. Investors should keep an eye on the company's stock as it continues to make gains in the auto ancillary industry.