Marsons Hits All-Time High Price, Showcasing Strong Growth in Electric Equipment Industry

Oct 13 2024 09:20 AM IST
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Marsons, a midcap company in the electric equipment industry, reached an all-time high price on October 13, 2024. Despite a 'Hold' call by MarketsMojo, the stock showed strong performance, hitting a new 52-week high of Rs.356. It has also outperformed the Sensex in the past year, showcasing its potential in the industry.

Marsons, a midcap company in the electric equipment industry, has recently reached an all-time high price on October 13, 2024. This news comes as the stock call for Marsons by MarketsMOJO is 'Hold'. The stock has shown a strong performance today, hitting a new 52-week high of Rs.356. However, it has underperformed the sector by -4.6%.

The stock has also seen a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs.331.95, a decrease of -4.99%. Despite this, Marsons is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Marsons has shown an impressive performance of 5441.74%, while the Sensex has only grown by 22.43%. This showcases the company's strong growth and potential in the electric equipment industry.

Investors and experts are closely watching Marsons as it continues to make strides in the market. With its recent all-time high price and positive performance, Marsons is definitely a company to keep an eye on in the electric equipment industry.
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