Mallcom (India) Hits 52-Week High, Outperforming Sector with Strong Gains
Mallcom (India) has recently experienced a revision in its score, reflecting its strong market performance and consistent gains. The stock has been added to MarketsMojo's list, highlighting its impressive return over the past year, significantly surpassing the broader market. Its upward trend is supported by favorable trading metrics.
Mallcom (India) has recently reached a notable milestone, coming within 2.89% of its 52-week high of Rs 1700, achieved on December 26, 2024. The small-cap company has demonstrated strong performance, outperforming its sector by 1.87% today. Over the past two days, Mallcom has shown a consistent upward trend, with a total gain of 2.49%.Intraday trading saw the stock peak at Rs 1699, reflecting a rise of 3.89% during the session. This positive momentum is further supported by the fact that Mallcom is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust short- to long-term performance trajectory.
In terms of annual performance, Mallcom (India) has delivered an impressive return of 56.08% over the past year, significantly outpacing the Sensex, which recorded a growth of 10.00%. This performance underscores Mallcom's strong position within the miscellaneous industry, highlighting its resilience and market presence.
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