Indo Thai Securities Reaches All-Time High Amidst Strong Sector Outperformance
Indo Thai Securities reached an all-time high today, outperforming its sector and demonstrating substantial growth over the past two weeks. The stock is trading above multiple moving averages, reflecting a strong upward trend, and has significantly outpaced the broader market over the past year.
Indo Thai Securities has exhibited significant activity today, reaching an all-time high of Rs. 1903.65. The stock has outperformed its sector by 4.65% and has shown impressive growth of 73.06% over the past 13 days. Opening with a gain of 5%, it maintained this momentum throughout the trading session, with an intraday high reflecting a volatility of 10.61%.Currently, Indo Thai Securities is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Over the past year, the stock has surged by 692.20%, significantly surpassing the Sensex's modest increase of 5.70%. This performance underscores Indo Thai Securities' strong position within the finance and non-banking financial company (NBFC) sector.
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