The Anup Engineering's Stock Gains 5.69%, Catching Attention of MarketsMOJO with 'Buy' Call

Oct 21 2024 11:05 AM IST
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The Anup Engineering, a midcap engineering company, has gained 5.69% on October 21, 2024, closing at Rs 2887.5. This has caught the attention of MarketsMojo, who have given a 'Buy' call for the stock. The company has consistently outperformed the sector and the overall market, with a strong and steady growth trend.

The Anup Engineering, a midcap engineering company, has been making waves in the stock market with its recent performance. On October 21, 2024, the company's stock gained 5.69%, closing at Rs 2887.5. This positive movement has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock is currently trading close to its 52-week high of Rs 2894.9, with only a 0.26% difference. This shows the strong performance of The Anup Engineering in the market. In fact, the stock has outperformed the sector by 7.6% today, reaching an intraday high of Rs 2887.5, which is a 6.55% increase.

The Anup Engineering's performance is not just limited to today, as it has been consistently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong and steady growth trend for the company.

In comparison to the overall market performance, The Anup Engineering has shown a significant outperformance. Its 1-day performance is 6.35% compared to the Sensex's 0.09%, and its 1-month performance is 28.67% while the Sensex has shown a negative performance of -3.84%.

With such positive and consistent performance, it is no surprise that MarketsMOJO has given a 'Buy' call for The Anup Engineering's stock. Investors can keep an eye on this midcap engineering company as it continues to make strides in the market.
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