Control Print Reaches New High Amid Strong Small-Cap Market Performance
Control Print has reached a new 52-week high, reflecting strong performance in the IT hardware sector. The stock has outperformed its sector and is trading above key moving averages. Meanwhile, the broader market shows positive movement, with small-cap stocks leading gains and the Sensex remaining near its peak.
Control Print, a small-cap player in the IT hardware sector, has made headlines today by reaching a new 52-week high of Rs. 918.5. This milestone comes as the stock has shown impressive performance, outperforming its sector by 0.53% and achieving a notable 10.28% increase over the past three days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.In the broader market, the Sensex is experiencing a positive shift after a flat opening, currently trading at 82,401.54, which is 0.18% higher. Despite a recent three-week decline of 1.97%, the Sensex remains close to its 52-week high, just 4.34% away from the peak of 85,978.25. Notably, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.87%. Over the past year, Control Print has delivered a solid performance with a return of 12.33%, significantly outpacing the Sensex's 2.17% return during the same period.
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