Swaraj Engines' Stock Hits All-Time High, Rated as 'Buy' by MarketsMOJO

Swaraj Engines, a leading manufacturer of diesel engines, has recently reached an all-time high in its stock price. On August 26, 2024, the company's stock price hit a record high, making it a promising investment opportunity for investors.

According to MarketsMOJO, a leading stock market analysis platform, Swaraj Engines' stock is currently rated as a 'Buy'. The company's stock has also outperformed the sector by 0.29% and has been on a consecutive gain for the last 4 days, with a 4.45% increase in returns during this period.

The stock is currently trading at a price that is only 1.51% away from its 52-week high of Rs 3200. This indicates a strong performance by the company and a positive outlook for its future.

Swaraj Engines has also been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which further highlights its strong performance in the market.

In addition, the company's current stock price offers a high dividend yield of 3.02%, making it an attractive option for investors looking for stable returns.

In comparison to the Sensex, Swaraj Engines has shown a remarkable 1-year performance of 63.62%, while the Sensex has only recorded a 25.46% increase during the same period.

With its strong performance and positive outlook, Swaraj Engines is definitely a company to watch out for in the diesel engine industry.