Marathon Nextgen Realty Reaches All-Time High, Outperforms Sector and Sensex

Sep 17 2024 09:25 AM IST
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Marathon Nextgen Realty, a smallcap company in the construction and real estate industry, reached an all-time high price of Rs. 676.05 on September 17, 2024. Despite a 'Sell' rating from MarketsMojo, the stock has outperformed the sector and has been on a consecutive gain for the past 2 days. With a significant growth of 50.39% in the past year, Marathon Nextgen Realty is proving to be a strong player in the market.

Marathon Nextgen Realty, a smallcap company in the construction and real estate industry, has recently reached an all-time high price of Rs. 676.05 on September 17, 2024. This price was recorded as the new 52-week high for the company.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Marathon Nextgen Realty is currently 'Sell'. However, the stock has outperformed the sector by 0.72% and has been on a consecutive gain for the past 2 days, with a 10.72% increase in returns during this period.

The stock opened at Rs. 676.05 and has maintained this price throughout the day. Additionally, Marathon Nextgen Realty is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Marathon Nextgen Realty has shown a significant growth of 50.39% in the past year, while the Sensex has only recorded a 22.19% increase during the same period. This showcases the company's strong performance and potential for growth in the construction and real estate industry.

Investors and experts are closely monitoring the performance of Marathon Nextgen Realty, as it continues to make strides in the market. With its recent all-time high price and consistent growth, the company is definitely one to watch out for in the smallcap segment.
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