Shelter Infra Projects Surges to 52-Week High, Outperforms Sector and Moving Averages

Shelter Infra Projects, a microcap company in the capital goods industry, has recently seen a surge in its stock price. On October 21, 2024, the company's stock reached a 52-week high of Rs.16.1. This news has caught the attention of investors and market analysts.

According to MarketsMOJO, a leading financial advisory firm, the stock call for Shelter Infra Projects is 'Sell'. However, the company's stock has outperformed the sector by 1.18% and has been on a consecutive gain for the last two days, with a 14.84% increase in returns during this period.

In terms of moving averages, Shelter Infra Projects is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock performance.

In the past year, Shelter Infra Projects has shown a remarkable growth of 60.20%, while the Sensex performance has been 23.98%. This showcases the company's strong performance and potential for growth in the capital goods industry.

It is important to note that this news is based on factual data and does not include any external sources or recommendations. As a microcap company, Shelter Infra Projects has shown promising growth and investors may want to keep an eye on its future performance.