Shivam Autotech Hits 52-Week High, Outperforms Sector and Sensex in Past Year

Shivam Autotech, a leading player in the auto ancillary industry, has recently hit a 52-week high on August 9th, 2024. The stock has been performing well in the market, with a current price of Rs. 60.14. However, according to MarketsMOJO, the stock has underperformed the sector by -6.11% today.

Despite the slight dip in performance, Shivam Autotech's stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company in the market.

In the past year, Shivam Autotech has shown a strong performance with a 80.01% increase in its stock price, outperforming the Sensex's performance of 20.84%. This showcases the company's potential for growth and success in the auto ancillary industry.

While there has been no mention of investor interest or expert opinions, it is clear that Shivam Autotech is making strides in the market with its consistent growth and positive performance. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this microcap company as it continues to make its mark in the auto ancillary industry.