IL&FS Engg. Hits New 52-Week High, Outperforms Sector with 24.06% Returns in 11 Days.

IL&FS Engineering & Construction Co Ltd (IL&FS Engg) has reached a new 52-week high on February 19, with its stock price hitting Rs.51.98. This microcap company in the capital goods industry has been performing well in the market, outperforming its sector by 2.5% today. The stock has been on a consecutive gain for the past 11 days, with a remarkable 24.06% increase in returns during this period.

The stock opened at Rs.51.98 and has since maintained this price, showing no significant range. IL&FS Engg. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In the past year, IL&FS Engineering & Construction Co Ltd has shown an impressive growth of 346.56%, while the Sensex has only grown by 18.91%. This showcases the company's strong performance and potential for growth in the market.

MarketsMOJO has given a 'Sell' call for IL&FS Engg, suggesting that investors should consider selling their shares in the company. However, it is important to note that this is not a recommendation from experts or investors, but rather a fact-based analysis of the stock's performance.

Overall, IL&FS Engineering & Construction Co Ltd has shown a strong performance in the market, reaching a new 52-week high and outperforming its sector. With a consistent upward trend in its stock price and impressive growth in the past year, the company shows potential for further success in the future.