Artefact Projects Ltd. Outperforms Sector with 3.18% Stock Gain, Reflecting Strong Performance

Jan 08 2024 10:33 AM IST
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Artefact Projects Ltd, a microcap engineering company, opened with a gain of 3.18% and outperformed the sector by 2.29%. The stock also showed a trend reversal, gaining after two consecutive days of fall. It is currently trading higher than its moving averages and has outperformed the Sensex in both 1-day and 1-month performance. MarketsMojo has given a 'Hold' call for the stock.


Artefact Projects Ltd, a microcap engineering company, saw a positive start to the day as its stock opened with a gain of 3.18%. This outperformed the sector by 2.29%, indicating a strong performance by the company. The stock also showed a trend reversal, gaining after two consecutive days of fall.

The day's high for Artefact Projects was Rs 87, a 3.18% increase from its previous close. This positive movement is reflected in the stock's performance compared to its moving averages, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of overall performance, Artefact Projects has outperformed the Sensex with a 1-day performance of 1.52% compared to the Sensex's 0.04%. Over the past month, the company has shown a strong growth of 27.21%, while the Sensex has only grown by 3.19%.

MarketsMOJO has given a 'Hold' call for Artefact Projects, indicating a neutral stance on the stock. This news article is based on factual information and does not include any external data or sources. As a microcap company in the engineering industry, Artefact Projects continues to show promising growth and performance in the stock market.
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