Marine Electricals (India) Ltd's Stock Reaches All-Time High, Outperforms Sector and Sensex
Marine Electricals (India) Ltd, a smallcap engineering company, has seen a significant rise in its stock price, reaching an all-time high on August 11, 2024. With a 'Buy' call from MarketsMojo and outperforming the sector by 3.91%, the company's consistent growth and strong fundamentals make it a promising investment option for long-term gains.
Marine Electricals (India) Ltd, a smallcap engineering company, has been making waves in the stock market with its impressive performance. On August 11, 2024, the company's stock price reached an all-time high, signaling a positive trend for investors.
According to MarketsMOJO, a leading stock analysis platform, Marine Electricals (India) Ltd is a 'Buy' call, further boosting investor confidence in the company. The stock has also outperformed the sector by 3.91% today, indicating a strong performance.
The company's stock price has been on a steady rise, with a new 52-week high of Rs.295.5 being hit today. This is a significant increase from its previous high of Rs. 250.5. Marine Electricals (India) Ltd has also been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing its consistent growth.
In the past year, Marine Electricals (India) Ltd has outperformed the Sensex by a whopping 315.61%, while the Sensex itself has seen a growth of 20.77%. This impressive performance is a testament to the company's strong fundamentals and efficient management.
With its focus on the engineering industry, Marine Electricals (India) Ltd is well-positioned to capitalize on the growing demand for infrastructure development in India. Its consistent growth and positive outlook make it a promising investment option for investors looking for long-term gains.
In conclusion, Marine Electricals (India) Ltd's stock price reaching an all-time high and being recommended as a 'Buy' by MarketsMOJO is a testament to its strong performance and potential for future growth. Investors can look forward to a positive and profitable journey with this smallcap engineering company.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
