Gratex Industries Stock Sees Positive Start, But Given 'Sell' Call by MarketsMOJO

Gratex Industries, a microcap trading company, saw a positive start to its day as its stock opened with a gain of 4.97%. However, according to MarketsMOJO, the stock has been given a 'Sell' call. The current price of the stock is 4.21% away from its 52-week high of Rs 21.8.

In today's trading session, Gratex Industries has outperformed its sector by 5.25%. This comes after the stock has been on a consecutive gain for the last 2 days, resulting in a 10.16% increase in returns. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Gratex Industries has shown a 1-day performance of 4.97%, while the Sensex has shown a -0.02% performance. Over the past month, the company has outperformed the Sensex by 30.75%, which has only shown a 3.13% increase.

While the stock may have seen a positive start to its day, it is important to note that MarketsMOJO has given it a 'Sell' call. Investors should carefully consider this information before making any decisions regarding Gratex Industries stock.