Posted On: September 27, 2023

Stock Report: IGARASHI(NSE) 26 Sep 2023

Outlook: Bullish

Sector: Consumer Cyclical

Industry: Auto Parts

Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors.  It has operations in Japan, India Hong Kong Germany United States of America Rest of the world. The company drives the majority of its sales in Japan. 

#xCalData predicts that IGARASHI will continue its bullish phase over the next five days and trend within the range of 596 to 639. 

In comparison to the previous month, the price of the stock has experienced an increase of 19.79% indicating a bullish.  

The Stock has doubled once since 06 Jan 2015 and took an average of 0.5 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely MFI indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

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