Diana Tea Co's Stock Surges to 52-Week High, Outperforms Sector by 3.01%

Oct 04 2024 09:35 AM IST
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Diana Tea Company's stock has reached a 52-week high of Rs. 53.8 on October 4th, 2024, with a consecutive gain for the last 3 days and a significant increase of 47.98%. The stock is currently rated as a 'Sell' by MarketsMojo and is trading higher than its moving averages, indicating a positive trend.

Diana Tea Company, a microcap company in the tea/coffee industry, has recently seen a surge in its stock price. On October 4th, 2024, the company's stock reached a 52-week high of Rs. 53.8. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

The stock's performance today has been noteworthy, as it has outperformed the sector by 3.01%. It has also been on a consecutive gain for the last 3 days, with a significant increase of 47.98% during this period. The stock opened with a gain of 7.97% today and reached an intraday high of Rs. 53.8, showing a high level of volatility with an intraday volatility of 5.49%.

In terms of moving averages, Diana Tea Co is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

Looking at the company's 1-year performance, Diana Tea Company has shown a remarkable growth of 70.47%, while the Sensex has only grown by 26.25% during the same period.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. As a microcap company, Diana Tea Company's stock may be more volatile and investors should do their own research before making any investment decisions.
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