Maan Aluminium's Stock Price Surges 7.79% and Hits New 52-Week High on October 16, 2024

Oct 16 2024 11:10 AM IST
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Maan Aluminium, a smallcap company in the aluminium industry, saw a 7.79% increase in its stock price on October 16, 2024, reaching a new 52-week high of Rs.234.95. The stock has been on a consecutive gaining streak for the past three days, outperforming the sector by 4.77%. Its performance has also surpassed the Sensex in both 1-day and 1-month periods. MarketsMojo has a 'Sell' call on the stock, but this is not a recommendation.

Maan Aluminium, a smallcap company in the aluminium and aluminium products industry, has seen a significant increase in its stock price on October 16, 2024. The stock has gained 7.79% and has been trading at a new 52-week high of Rs.234.95. This performance has outperformed the sector by 4.77%.

In the last three days, Maan Aluminium has been on a consecutive gaining streak and has seen a rise of 10.4% in its returns. The stock also touched an intraday high of Rs.234.95, showing a 6.41% increase. This positive trend is reflected in the moving averages as well, with the stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Maan Aluminium has outperformed with a 1-day performance of 9.90% while the Sensex has seen a -0.16% performance. Similarly, in the last month, Maan Aluminium has shown a 68.92% performance while the Sensex has seen a -1.56% performance.

Maan Aluminium's stock call by MarketsMOJO is 'Sell'. However, it is important to note that this is not a recommendation and should not be considered as such. This information is based on facts and figures and does not include any external data or sources. As a smallcap company in the aluminium industry, Maan Aluminium's performance in the stock market is worth keeping an eye on.
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