Omaxe's Stock Price Sees 10% Increase, Outperforms Sector and Sensex

Omaxe, a smallcap real estate company, has seen a 10.0% increase in its stock price on June 20, 2024. This rise in stock price has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, Omaxe's stock call is 'Sell'. However, the company has outperformed the sector by 8.48% today, indicating a positive trend in its performance.

The stock has been gaining for the last two days and has risen by 14.78% during this period. It also touched an intraday high of Rs 105.71, which is a 10% increase from its previous closing price. Omaxe's stock has shown high volatility today, with an intraday volatility of 5.38%.

Moreover, Omaxe is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position for the company.

In comparison to the Sensex, Omaxe has performed exceptionally well, with a 1-day performance of 10.00% as opposed to Sensex's 0.17%. In the last month, Omaxe has also outperformed the Sensex with a 12.51% increase in its stock price, while Sensex has only seen a 4.68% increase.

Overall, Omaxe's stock has shown a positive trend in the market, with strong performance and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap real estate company for potential future growth.