Techno Electric Shows Strong Short-Term Gains Amidst Long-Term Growth Trends

Techno Electric & Engineering Company, a midcap player in the capital goods sector, has shown significant activity today, gaining 5.65% as of May 14, 2025. The stock reached an intraday high of Rs 1180, outperforming its sector by 3.35%.
In terms of performance metrics, Techno Electric has demonstrated strong short-term gains, with a 1-day increase of 6.28% compared to the Sensex's 0.43%. Over the past week, the stock has risen by 9.98%, while the Sensex has only seen a 0.92% increase. The company's performance over the last month stands at 20.01%, significantly higher than the Sensex's 8.43%.

Despite a year-to-date decline of 24.73%, Techno Electric has shown remarkable long-term growth, with a 3-year performance of 343.18% and a 5-year performance of 496.81%, both well above the Sensex's respective gains of 54.36% and 161.84%.

Currently, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. As the market continues to evolve, Techno Electric's performance metrics reflect its dynamic position within the capital goods industry.