Ashirwad Steels & Industries Stock Reaches All-Time High, Rated as 'Sell' by MarketsMOJO.

Ashirwad Steels & Industries, a microcap company in the iron and steel industry, has been making headlines recently with its stock price reaching an all-time high on May 12, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Sell'.

The company's stock has been on a winning streak, gaining for the last three days and outperforming the sector by 3.58%. Today, the stock opened with a gain of 4.86% and touched an intraday high of Rs 67.65, a 9.13% increase from the previous day's close. However, it also experienced high volatility, with an intraday range of 9.41%.

Ashirwad Steels & Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price. In the past year, the company's stock has seen a significant increase of 207.88%, while the Sensex has only seen a 17.31% increase in the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. Investors should conduct their own research and analysis before making any investment decisions.