Schneider Electric Infrastructure Ltd Surges, Outperforms Sector and Sensex

Schneider Electric Infrastructure Ltd, a midcap company in the capital goods industry, has seen a surge in its stock price, hitting a 52-week high on January 29, 2024. The stock has been performing well in the market, outperforming its sector by 2.13% and gaining 12.89% in the last 3 days.

On January 29, the stock reached an intraday high of Rs. 482.9, showing a 4.19% increase. This positive trend is also reflected in the moving averages, with the stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Schneider Electric Infrastructure Ltd has shown a remarkable performance, with a 174.84% increase in its stock price, while the Sensex has only seen a 20.19% growth. This highlights the company's strong position in the market and its ability to generate returns for its investors.

MarketsMOJO has given a 'Hold' call for Schneider Electric Infrastructure Ltd, indicating a neutral stance on the stock. This news is sure to be welcomed by investors, as it provides them with a balanced and informative view of the company's current performance. With its strong performance and positive outlook, Schneider Electric Infrastructure Ltd is definitely a company to watch out for in the capital goods industry.