Apeejay Surrendra Park Hotels Ltd sees positive trend in stock performance, outperforms sector

Oct 31 2024 01:50 PM IST
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On October 31st, 2024, Apeejay Surrendra Park Hotels Ltd, a smallcap company in the hotel, resort, and restaurant industry, saw a positive trend in its stock performance, gaining 7.13% and outperforming the sector by 7.94%. This marks the second consecutive day of gains for the company, with a total increase of 9.99% in the past two days. Despite the overall market performance being negative, the company has shown promising growth and potential.

Apeejay Surrendra Park Hotels Ltd, a smallcap company in the hotel, resort, and restaurant industry, has seen a positive trend in its stock performance on October 31st, 2024. The stock gained 7.13%, outperforming the sector by 7.94%. This marks the second consecutive day of gains for the company, with a total increase of 9.99% in the past two days.

The stock opened with a gain of 3.28% today and reached an intraday high of Rs 158.5. The moving averages for the company are currently higher than the 5-day and 20-day averages, but lower than the 50-day, 100-day, and 200-day averages.

In comparison to the overall market performance, Apeejay Surrendra Park Hotels Ltd has outperformed the Sensex by 6.25% in the past day and -5.30% in the past month. This shows a positive trend for the company despite the overall market performance being in the negative.

MarketsMOJO has given a 'Sell' call for Apeejay Surrendra Park Hotels Ltd, based on its fact-based analysis. This information is solely based on the company's stock performance and does not include any external data or sources. As a smallcap company in the hospitality industry, Apeejay Surrendra Park Hotels Ltd continues to show promising growth and potential in the market.
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