Posted On: September 5, 2023
Stock Report: MARATHON(NSE) 04 Sep 2023
Industry: Real Estate – Development
Marathon Nextgen Realty Ltd is a real estate company. It is engaged in the business of construction, development, and sale of commercial and residential real estate projects. Geographically, it operates only in India. Some of its projects include Marathon NextGen Era; Marathon NextGen Innova; Marathon NextGen Emperor and Marathon Embrace (SRA). It generates maximum revenue from the sale of a property.
#xCalData predicts that #MARATHON will continue its bullish phase over the next five days and trend within the range of 377 to 412.
In comparison to the previous month, the price of the stock has experienced an increase of 13.96% indicating a bullish.
The Stock has doubled once since 28 Dec 2016 and took an average of 0.7 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.
Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.
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