Electrotherm (India) Ltd., a small-cap engineering company, is making headlines in the stock market as its share price touched a 52-week high on November 14, 2024. This stock is recommended as ‘Sell’ by Markets Mojo. Stock market analysis platform.

Despite the overall positive performance of the Engineering industry, Electrotherm (India) has underperformed its sector by -7.17% on the day. The stock has also been on a downward trend over the past two days, with a fall of -9.64% over the period. Today, the stock opened with a difference of -5.21% and touched an intraday low of Rs 1091.45.

However, it is worth noting that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the long term. . In the last year, Electrotherm (India) has shown an impressive performance of 661.65%, beating the Sensex’s 19.31% growth.

As a small cap company, Electrotherm (India) has been able to attract the attention of investors with its strong performance and growth potential. With its consistent performance and positive outlook, the company is definitely one to watch in the engineering industry.