GTL's Stock Continues to Perform Well Despite 'Sell' Call by MarketsMOJO
GTL, a microcap telecom equipment company, has been in the news for its stock performance. Despite a 'Sell' call by MarketsMojo, the stock has been performing well, hitting a new 52-week high and outperforming the sector by 8.11%. Investors have been actively buying and selling the company's shares, with impressive gains in the last 6 days and 1 month.
GTL, a microcap telecom equipment company, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call. However, this has not stopped investors from buying and selling the company's shares.
On 4th January 2024, Mansi Share And Stock Advisors Pvt Ltd bought 1 lakh shares of GTL at Rs 15.4 on NSE. The same day, they also sold 2.54 lakh shares at Rs 14.9 on NSE. On 3rd January 2024, Parshva Trading bought 10.37 lakh shares at Rs 13.91 on NSE and sold 10.82 lakh shares at Rs 13.81 on NSE. On 2nd January 2024, Aruna R Jain bought 1 lakh shares at Rs 11.89 on NSE, Mansi Share And Stock Advisors Pvt Ltd bought 5 lakh shares at Rs 12.75 on NSE, and Setu Securities Pvt Ltd bought 8.51 lakh shares at Rs 12.74 on NSE. On the same day, Mansi Share And Stock Advisors Pvt Ltd sold 9.93 lakh shares at Rs 12.02 on NSE and Setu Securities Pvt Ltd sold 6.05 lakh shares at Rs 12.72 on NSE. On 1st January 2024, Yuga Stocks And Commodities Private Limited bought 9.62 lakh shares at Rs 10.62 on NSE and sold 6.12 lakh shares at Rs 10.62 on NSE.
Despite the 'Sell' call by MarketsMOJO, GTL's stock has been performing well. It hit a new 52-week high of Rs 17.03 today and has outperformed the sector by 8.11%. The stock has been gaining for the last 6 days and has risen 93.3% in this period. It also opened with a gain of 8.97% today and touched an intraday high of Rs 17.03 (9.94%). GTL is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex, GTL's performance has been impressive. In the last 1 day, the stock has gained 9.94% while the Sensex has only gained 0.25%. In the last 1 month, GTL's performance has been even better with a gain of 120.03% while the Sensex has only gained 3.94%.
Overall, GTL's stock has been performing well and has gained the attention of investors. However, it is important to note that this is not a recommendation and all information is based on facts. Investors should do their own research before making any investment decisions.
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