Va Tech Wabag's Stock Reaches All-Time High, Outperforms Sector by 6.66%

Va Tech Wabag, a midcap company in the capital goods industry, has recently seen a surge in its stock price, reaching an all-time high on April 25th, 2024. The stock has been performing well, outperforming the sector by 6.66% and showing a trend reversal after two consecutive days of fall.

Currently, the stock is trading at 0.45% below its 52-week high of Rs 1019.3. However, it has shown high volatility today, with an intraday volatility of 5.16%. The stock also touched an intraday high of Rs 1019, showing a gain of 7.48%.

In terms of moving averages, Va Tech Wabag is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In the past year, Va Tech Wabag has shown a remarkable performance, with a 162.22% increase in its stock price, while the Sensex has only shown a 23.10% increase. This showcases the company's strong performance and potential for growth.

MarketsMOJO has given a 'Hold' call for Va Tech Wabag, indicating a neutral stance on the stock. With its strong performance and positive trend, Va Tech Wabag is definitely a company to watch out for in the capital goods industry.