Schneider Electric Infrastructure Hits 52-Week High, Stock Call 'Buy' According to MarketsMOJO

Schneider Electric Infrastructure Ltd, a leading player in the capital goods industry, has recently hit a 52-week high on May 18, 2024. This is a significant milestone for the company, showcasing its strong performance and growth in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, Schneider Electric Infrastructure's stock call is 'Buy'. This further reinforces the positive sentiment surrounding the company's stock.

The stock has been performing exceptionally well, outperforming the sector by 3.73% and gaining for the last three consecutive days. In fact, in just three days, the stock has risen by 12.05%, indicating a strong upward trend.

On May 18, the stock opened with a gain of 5%, reaching an intraday high of Rs 914.85. This is a significant jump from its previous closing price, showcasing the investor interest and confidence in the company.

Moreover, Schneider Electric Infrastructure's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong bullish trend and further reinforces the positive outlook for the company.

In the past year, Schneider Electric Infrastructure has shown an impressive performance, with a growth of 383.54%, while the Sensex has only grown by 20.29%. This showcases the company's strong potential and its ability to outperform the market.

With its recent 52-week high and strong performance, Schneider Electric Infrastructure is definitely a stock to watch out for in the capital goods industry. Investors can consider adding this stock to their portfolio for potential long-term gains.