Usha Martin's Stock Reaches All-Time High, Outperforms Sector and Sensex.

Usha Martin, a midcap company in the steel industry, has recently seen a surge in its stock price, reaching an all-time high on October 11, 2024. The stock has been performing well in the market, with a 'Hold' recommendation from MarketsMOJO.

Currently, the stock is trading at 1.38% below its 52-week high of Rs 427.3. It has also outperformed the sector by 14.12% in today's trading session. In the last two days, the stock has gained 23.03%, showing a consecutive upward trend. The intraday high for the stock was Rs 421.85, which is a 15.18% increase from its previous close.

Usha Martin has shown high volatility in today's trading session, with an intraday volatility of 5.9%. This is calculated from the weighted average price. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Usha Martin has outperformed the Sensex with a 31.38% return, while the Sensex has shown a 22.38% return. This showcases the company's strong performance in the market.

Overall, Usha Martin's stock has been on an upward trend, with positive performance and a 'Hold' recommendation from MarketsMOJO. Investors can keep an eye on this midcap company in the steel industry for potential growth opportunities.