Smallcap company Diamond Power Infrastructure's stock reaches all-time high, but rated as 'Sell' by MarketsMOJO

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Diamond Power Infrastructure, a smallcap company in the cable industry, has recently seen a surge in its stock price, reaching an all-time high on April 28, 2024. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

The stock has been on a consecutive upward trend for the past 5 days, with a 10.39% increase in returns during this period. However, it has underperformed the sector by -0.79% today. It is worth noting that the stock did not trade on one day out of the last 20 days.

Diamond Power Infrastructure's stock is currently trading at Rs.703.55, which is the same as its opening price. This indicates that there has been no significant movement in the stock's price since the market opened.

In terms of moving averages, the stock is currently trading above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests that the stock has been consistently performing well in the recent past.

In comparison to the overall market performance, Diamond Power Infrastructure has not shown any significant growth in the past year, with a return of NA%. On the other hand, the Sensex has shown a % increase during the same period.

Overall, while Diamond Power Infrastructure's stock has reached an all-time high, it is currently rated as a 'Sell' by MarketsMOJO. Investors should carefully consider all factors before making any investment decisions.