Z F Steering Gear (India) Ltd's Stock Performance Soars, Outperforms Sector and Sensex

Z F Steering Gear (India) Ltd, a leading auto ancillary company, has seen a positive trend in its stock performance on October 31, 2024. The stock has gained 7.89% on this day, outperforming the sector by 3.67%. This has led to a 'Hold' call by MarketsMOJO for the stock.

The stock has been on a consecutive gain for the last 4 days, with a rise of 9.4% in this period. On October 31, the stock touched an intraday high of Rs 1710, showing a 3.95% increase. Z F Steering is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend.

In comparison to the Sensex performance, Z F Steering has outperformed with a 1 day performance of 8.15% while the Sensex has shown a -0.72% performance. Similarly, in the last 1 month, Z F Steering has gained 11.99% while the Sensex has declined by -5.82%.

Z F Steering Gear (India) Ltd is a smallcap company in the auto ancillary industry. With its recent positive stock performance, the company continues to show its potential in the market. Investors are advised to hold their positions in the stock, as per the recommendation by MarketsMOJO.