Suprajit Engineering Hits All-Time High, Outperforms Sector by 13.12%

Suprajit Engineering, a midcap company in the auto ancillary industry, has recently hit an all-time high on August 17, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On August 17, the stock reached a new 52-week and all-time high of Rs. 639.95, outperforming the sector by 13.12%. It has also been gaining for the last 5 days, with a 26.18% increase in returns during this period. The stock opened with a gain of 5.33% today and touched an intraday high of Rs. 639.95, showing high volatility with an intraday volatility of 5.3%.

Suprajit Engineering 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 stock's performance.

In the past year, Suprajit Engineering has shown a strong performance of 51.34%, compared to the Sensex's performance of 22.73%. This further highlights the company's growth and potential in the market.

Overall, Suprajit Engineering has been showing a positive trend in its stock performance, with a recent all-time high and consistent gains in the market. Investors may want to keep an eye on this midcap company in the auto ancillary industry.