Reliance Industrial Infrastructure Ltd's Stock Soars

Reliance Industrial Infrastructure Ltd, a smallcap company in the capital goods industry, has seen a significant increase in its stock price. On December 18, 2023, the stock gained 9.53%, closing at Rs. 1316.95. However, according to MarketsMOJO, the stock has been given a 'Sell' call.

The stock has been performing well in the market, hitting a new 52-week high of Rs. 1316.95 and outperforming the sector by 10.03%. It has also shown consecutive gains for the last 2 days, with a return of 12.57% in that period. The stock has been highly volatile today, with an intraday volatility of 5.76%.

Reliance Industrial Infrastructure Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In comparison to the Sensex, the stock has outperformed with a 1-day performance of 10.75% while the Sensex has shown a negative performance of -0.19%. In the past month, the stock has also outperformed the Sensex with a 17.67% return compared to the Sensex's 8.44% return.

Overall, Reliance Industrial Infrastructure Ltd has shown a strong performance in the market, but investors should be cautious and consider all factors before making any investment decisions.