Salasar Techno Engineering's Stock Performance Reflects Strong Presence in Engineering Industry
On September 9th, 2024, Salasar Techno Engineering, a smallcap company in the engineering industry, saw a 7.17% increase in its stock performance, outperforming the sector by 7.59%. The stock showed high volatility but is currently trading higher than its moving averages. Its 1 day and 1 month performance also surpassed the Sensex. This could be due to the company's strong presence and consistent growth in the market.
Salasar Techno Engineering, a smallcap company in the engineering industry, saw a positive trend in its stock performance on September 9th, 2024. The stock gained 7.17%, outperforming the sector by 7.59%. This was reflected in the stock call given by MarketsMOJO, which advised to 'Sell' the stock.
The stock showed high volatility during the day, with an intraday high of Rs 20.83 and an intraday low of Rs 18.8. The weighted average price showed an intraday volatility of 6.44%. However, Salasar Techno Engineering is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the Sensex performance, Salasar Techno Engineering's 1 day and 1 month performance showed a significant increase of 6.14% and 17.07% respectively, while the Sensex only saw a 0.20% and 2.06% increase.
This positive trend in Salasar Techno Engineering's stock performance could be attributed to the company's strong presence in the engineering industry and its consistent growth in the market. Investors may want to keep an eye on this smallcap company as it continues to show promising results.
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