today’s trending stock, panchayat over.. trending Mahindra shares.. happy shareholders!! – Mahindra cie automotive ltd become trending stock as of 26 September 2022

Today the stock market started with a downtrend. However, auto mobile stocks have spurred more buying interest among small-cap and mid-cap stocks among investors. Shares of Mahindra CIE Automotive rose 4% in the first hour of the market today and is trending today.

Mahindra CIE is a multi-technology auto parts supplier and a leading supplier of components and sub-systems for the automotive market.

The stock’s daily RSI has risen above 50 points again. Apart from that its OBV is nearing its peak. Through this we can see the continuous progress of this section. Technical parameters are showing an improvement in the strength of the stock.

The company’s stock has given its investors an above-expected return of 15% over the past 21 weeks. The price of a share went up to its maximum value of Rs.280.

Apart from that it has outperformed its competitor companies in the stock market and earned more profit. The stock has delivered higher returns than its investors expected. Technically the stock is highly bullish and expected to trade heavily in the short term.

Today the price per share of the company rose by 2.14% to Rs. 270.10 has risen. This company has been included in the list of recommended stocks as the share price of this company may rise in the future.

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