Eimco Elecon (India) Ltd's Stock Performance Outperforms Sector and Sensex on November 22, 2024

Nov 22 2024 10:30 AM IST
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On November 22, 2024, Eimco Elecon (India) Ltd, a smallcap engineering company, saw a 7.99% increase in its stock, outperforming the sector by 5.39%. The stock has been on a consecutive rise for the last two days, with a 9.89% increase. It also outperformed the Sensex with a 1-day performance of 9.24% and a monthly performance of -1.27%. MarketsMojo rates the stock as 'Hold'.


Eimco Elecon (India) Ltd, a smallcap company in the engineering industry, has seen a positive trend in its stock performance on November 22, 2024. The stock gained 7.99%, outperforming the sector by 5.39%. The stock has been on a consecutive gain for the last two days, with a rise of 9.89% in this period.

On the same day, the stock touched an intraday high of Rs 2545, showing a 6.93% increase. The stock's moving averages are currently higher than the 5-day, 20-day, and 200-day moving averages, but lower than the 50-day and 100-day moving averages.

In comparison to the Sensex performance, Eimco Elecon (India) Ltd has shown a 1-day performance of 9.24%, while the Sensex has only gained 0.81%. Similarly, in the last month, the stock has outperformed the Sensex with a performance of -1.27% compared to the Sensex's -3.04%.

Eimco Elecon (India) Ltd's stock call by MarketsMOJO is 'Hold'. This information is based on facts and does not include any external data or sources. As a smallcap company in the engineering industry, Eimco Elecon (India) Ltd continues to show promising performance in the stock market.
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