COSCO (India) Ltd Hits 52-Week High, Outperforms Sector and Sensex
COSCO (India) Ltd, a microcap company in the leather industry, has hit a 52-week high on September 12, 2024. The stock has shown a consecutive gain of 19.04% in the last three days and is currently trading higher than its moving averages. It has outperformed the Sensex with a 90.49% return, indicating strong performance and potential for growth. MarketsMojo has given a 'Hold' call for the stock.
COSCO (India) Ltd, a microcap company in the leather industry, has recently hit a 52-week high on September 12, 2024. The stock has been performing well in the market, with a current price of Rs. 406 and a gain of 10.47% compared to the sector.
In the last three days, the stock has shown a consecutive gain of 19.04%, indicating a positive trend. Today, the stock opened with a gain of 2.77% and reached an intraday high of Rs. 406, showing high volatility with an intraday range of 5.56%.
COSCO (India) Ltd is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance in the market.
In the past year, COSCO (India) Ltd has outperformed the Sensex with a 90.49% return compared to the Sensex's 21.59% return. This shows the company's strong performance and potential for growth in the future.
MarketsMOJO has given a 'Hold' call for the stock, suggesting that investors hold onto their current positions. With its recent high and positive performance, COSCO (India) Ltd is definitely a company to watch out for in the leather industry.
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