Shivam Autotech Hits 52-Week High, Outperforms Sector with Strong Growth

Shivam Autotech, a leading player in the auto ancillary industry, has recently hit a 52-week high on February 2nd, 2024. The stock has been performing well in the market, with a 'Sell' call by MarketsMOJO.

The company's stock price has reached a new high of Rs. 47, outperforming the sector by 3.04%. This marks the sixth consecutive day of gains for Shivam Autotech, with a significant increase of 28.99% in this period. The stock also opened with a gain of 3.84% today and touched an intraday high of Rs. 47, showing a 4.98% increase.

Shivam Autotech's performance has been consistently strong, with the stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock in the market.

In the past year, Shivam Autotech has shown an impressive performance of 75.76%, outperforming the Sensex's performance of 20.88%. This showcases the company's strong growth and potential in the auto ancillary industry.

With its recent 52-week high and consistent positive performance, Shivam Autotech is a company to watch out for in the microcap segment. Investors can keep an eye on the stock's movement and make informed decisions based on its performance in the market.