Jullundur Motor Agency (Delhi) Ltd sees consecutive gains, hits new 52-week high
Jullundur Motor Agency (Delhi) Ltd, a microcap trading company, has been gaining attention in the stock market with its consistent growth over the past 6 days. The stock has hit a new 52-week high and is trading above its moving averages, indicating a positive trend. While its short-term performance has outperformed the Sensex, it is currently rated as 'Hold' by MarketsMojo.
Jullundur Motor Agency (Delhi) Ltd, a microcap trading company, has been making headlines in the stock market with its recent consecutive gains. According to MarketsMOJO, a leading stock analysis platform, the stock has been on a steady rise for the past 6 days and has recorded a 7.13% increase in returns during this period.
The stock hit a new 52-week high of Rs.89.5 today, indicating a strong performance. In comparison to the sector, Jullundur Motor's performance today is in line with the industry average. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.
In terms of short-term performance, Jullundur Motor's stock has outperformed the Sensex with a 0.17% increase compared to the index's 0.25% growth. Over the past month, the company's stock has recorded a 9.60% increase, while the Sensex has only seen a 3.94% growth.
While the company's stock call is currently 'Hold' according to MarketsMOJO, Jullundur Motor's recent performance and steady growth trend may be worth keeping an eye on for potential investors. However, it is important to note that this article is based on factual information and does not constitute any recommendation or expert opinion.
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