Manaksia Aluminium Company Ltd Hits 52-Week High, Outperforms Sector and Sensex

Manaksia Aluminium Company Ltd, a leading player in the non-ferrous metal industry, has recently hit a 52-week high on January 12, 2024. The stock has been performing well in the market, with a current price of Rs. 33.45. However, according to MarketsMOJO, the stock has been given a 'Sell' call.

Despite the stock's recent high, it has underperformed the sector by -6.88% today. The stock opened with a gain of 3.27% and touched an intraday high of Rs. 33.45, showing a 4.08% increase. However, it also touched an intraday low of Rs. 29.56, showing a decrease of -8.03%.

Manaksia Aluminium Company Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, the stock has shown a strong performance of 32.78%, outperforming the Sensex's performance of 20.14%. This showcases the company's potential for growth and success in the non-ferrous metal industry.

Manaksia Aluminium Company Ltd continues to be a strong player in the market, with its recent 52-week high and positive moving averages. However, investors should take note of the 'Sell' call given by MarketsMOJO and make informed decisions when it comes to investing in this microcap company.