Patels Airtemp (India) Ltd reaches record high stock price, outperforms sector and Sensex
Patels Airtemp (India) Ltd, a leading engineering company in India, has seen a surge in its stock price, reaching an all-time high of Rs. 828.3 on September 12, 2024. The company has been performing well in the market, with a consecutive gain for the last four days and a rise of 16.31%. It has also outperformed the sector by 3.45%. With a 'Hold' call from MarketsMojo and a strong performance in the past year, Patels Airtemp (India) Ltd is showing promising growth and potential in the engineering industry.
Patels Airtemp (India) Ltd, a leading engineering company in India, has reached an all-time high stock price of Rs. 828.3 on September 12, 2024. This microcap company has been gaining momentum in the stock market, with a consecutive gain for the last four days and a rise of 16.31% in that period. The stock opened with a gain of 4.99% today and touched an intraday high of Rs. 828.3, outperforming the sector by 3.45%.
MarketsMOJO has given a 'Hold' call for Patels Airtemp (India) Ltd, indicating a neutral stance on the stock. The company's stock has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showing a strong performance in the market.
In the past year, Patels Airtemp (India) Ltd has outperformed the Sensex with a remarkable 160.05% return, while the Sensex has only seen a 21.81% increase. This highlights the company's strong growth and potential in the engineering industry.
Patels Airtemp (India) Ltd has been making strides in the market with its consistent performance and positive outlook. With its current stock price at an all-time high, the company is poised for further growth and success in the future.
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