Uno Minda's Stock Performance Shows Positive Trend, Outperforms Sector by 2.75%
On September 20, 2024, Uno Minda's stock showed a positive trend, gaining 3.49% and outperforming the sector by 2.75%. It has been part of Momentumnow Stocks on MarketsMojo since July 2, 2024 and has consecutively gained for the last 2 days. The stock is currently trading higher than its moving averages and has outperformed the Sensex in the short term. Overall, it is recommended as a 'Hold' by MarketsMojo and is a promising largecap company in the auto ancillary industry.
Uno Minda, a leading auto ancillary company, has seen a positive trend in its stock performance on September 20, 2024. The stock has gained 3.49% on this day, outperforming the sector by 2.75%. This is in line with the overall trend of the stock, which has been part of the Momentumnow Stocks on MarketsMOJO since July 2, 2024.
The stock has also shown consecutive gains for the last 2 days, with a rise of 6.15% in this period. On September 20, the stock touched an intraday high of Rs 1097.2, showing a 3.47% increase. This is a positive sign for investors, as the stock is currently trading higher than its 5 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than its 20 day moving average.
In comparison to the Sensex performance, Uno Minda has outperformed with a 1 day performance of 4.32% while the Sensex has only shown a 1.22% increase. However, in the last 1 month, the stock has underperformed with a -4.63% return while the Sensex has shown a 4.20% increase.
Overall, Uno Minda's stock performance has been positive and it is currently recommended as a 'Hold' by MarketsMOJO. With its strong presence in the auto ancillary industry and consistent performance, Uno Minda is a promising largecap company for investors to keep an eye on.
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