Smallcap engineering company EMS sees 7.05% surge in stock price, outperforms sector and market

On October 16, 2024, EMS, a smallcap engineering company, saw a 7.05% increase in its stock price, closing at Rs 850.75. This was higher than the sector average by 7.29%, indicating a strong performance. According to MarketsMojo, the stock call for EMS is ‘Hold’, suggesting investors to hold onto their positions. The stock also reached an intraday high of Rs 855.95 and is currently trading higher than its moving averages, showing a positive trend. EMS has also outperformed the market, with a 6.12% increase in the past day and 6.25% in the past month.

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