Get detailed stock report
Uno Minda, a major auto accessories company, showed a positive trend in its stock price performance on October 29, 2024. On the day, the stock gained 3.07%, outperforming its sector by 3.72%. This is a positive sign for the company as it indicates strong market sentiment towards the company’s stock.
According to MarketsMOJO, a leading stock analysis platform, Uno Minda stock is currently rated “Hold”. The stock has been part of MarketsMOJO’s Momentumnow Stocks since July 2, 2024, further highlighting its growth potential.
On October 29, the stock hit an intraday high of Rs 962.35, an increase of 3.18% from the previous closing price. The moving average of the stock price is also positive, with the stock price higher than the 5-day moving average and the 200-day moving average. However, it is currently below the 20-day, 50-day, and 100-day moving averages.
Relative to the overall market performance, Unominda stock has performed well. The stock’s performance on the day was 3.14%, while the Sensex’s performance was -0.13%. Similarly, the stock’s performance in the last month was -13.77% and Sensex’s performance was -6.63%.
Overall, Uno Minda’s stock price shows a positive trend towards business performance, and market sentiment towards the company is strong. However, it is important to note that this is not a recommendation to buy or sell any stock and investors should do their own research before making any investment decisions.
