Shelter Infra Projects' Stock Hits 52-Week High Amidst Strong Performance in Capital Goods Industry

Shelter Infra Projects, a microcap company in the capital goods industry, has recently seen a surge in its stock price. On October 24, 2024, the company's stock hit a 52-week high of Rs.17.5. However, according to MarketsMOJO, the stock call for Shelter Infra Projects is 'Sell'.

Despite this, the stock has outperformed the sector by 6.15% and has been on a consecutive gain for the last 2 days, with a 15.89% increase in returns during this period. The stock also opened with a gain of 6.06% today and touched an intraday high of Rs.17.5.

It is worth noting that the stock has been trading at a consistent price of Rs.17.5 since its opening, indicating a lack of range in its movement. Additionally, Shelter Infra Projects is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Shelter Infra Projects has shown a significant increase of 83.25% in the last year, while the Sensex has only seen a 24.04% increase. This showcases the company's strong performance and potential for growth in the capital goods industry.

However, it is important to note that this information is based on facts and should not be considered as a recommendation for investment. Investors should conduct their own research and analysis before making any decisions. With Shelter Infra Projects' recent surge in stock price, it will be interesting to see how the company continues to perform in the future.