Shri Keshav Cements & Infra Ltd's Stock Hits All-Time High, But Rated as 'Sell' by MarketsMOJO

Shri Keshav Cements & Infra Ltd, a microcap company in the cement industry, has recently seen a surge in its stock price. On January 7th, 2024, the company's stock hit an all-time high of Rs. 269.85. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

In terms of performance, Shri Keshav Cements & Infra has underperformed the sector by -1.37% today. The stock has also seen a trend reversal after two consecutive days of gains. It opened with a gap up of 4.28% today and touched an intraday high of Rs. 269.85, which is a 5% increase from the previous day. However, it also touched an intraday low of Rs. 245.2, a decrease of -4.59%.

Despite the recent surge in stock price, Shri Keshav Cements & Infra 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's stock.

In terms of overall performance, Shri Keshav Cements & Infra has outperformed the Sensex with a 1-year return of 104.25%, compared to the Sensex's 19.34% return. This shows the company's strong performance in the past year.

While the recent surge in stock price may be appealing to investors, it is important to note that MarketsMOJO has rated the stock as a 'Sell'. As a microcap company in the cement industry, Shri Keshav Cements & Infra may have potential for growth, but it is important for investors to do their own research and make informed decisions.