Yuken India's Stock Price Hits All-Time High with 8.78% Gain, Outperforms Sector and Sensex

Yuken India, a smallcap engineering company, has seen a significant increase in its stock price on July 10, 2024. The stock has gained 8.78% and is currently trading at a new 52-week and all-time high of Rs. 1527.4. This performance has led to a 'Hold' call by MarketsMOJO.

The stock has outperformed the sector by 10.1% and has been on a consecutive gain for the last 4 days, with a total return of 28.78% in this period. It opened with a gap up of 4.65% and reached an intraday high of Rs. 1527.4, showing a 9.46% increase. However, it also touched an intraday low of Rs. 1331.15, with a high volatility of 6.57%.

Yuken India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex, Yuken India has performed exceptionally well, with a 1-day performance of 7.81% against Sensex's -0.81%. In the last month, the stock has also outperformed the Sensex with a 17.08% return, while the Sensex has only seen a 4.19% increase.

This impressive performance by Yuken India reflects the company's strong position in the engineering industry. Investors can continue to hold onto their shares as the company continues to show promising growth.