Swaraj Engines' Stock Reaches All-Time High, Outperforms Sector and Sensex

Swaraj Engines, a leading manufacturer of diesel engines, has been making waves in the stock market with its recent performance. On August 26, 2024, the company's stock price reached a 52-week high of Rs. 3335, which is also an all-time high for the company. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been on a winning streak for the past four days, outperforming the sector by 3.85%. In this period, it has gained an impressive 8.68% returns. The day's high for the stock was Rs. 3335, a 5.87% increase from the previous day's close. Swaraj Engines is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investors will also be pleased to know that Swaraj Engines offers a high dividend yield of 3.02% at the current price. This is a testament to the company's strong financial performance and commitment to rewarding its shareholders.

In the past year, Swaraj Engines has outperformed the Sensex by a significant margin, with a 63.36% return compared to the Sensex's 25.78%. This showcases the company's consistent growth and its ability to generate value for its investors.

With its impressive performance and strong fundamentals, Swaraj Engines is definitely a stock to watch out for in the smallcap segment. Investors can consider adding it to their portfolio for long-term growth potential.