Oil Country Tubular Hits 52-Week High with 122.46% Annual Growth

Dec 30 2024 10:35 AM IST
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Oil Country Tubular has recently achieved a new 52-week high, reflecting strong performance in the steel sector. Following a notable upward trend, the stock has seen a revision in its score, indicating a shift in evaluation. Additionally, it has been added to MarketsMojo's list, highlighting its market position and impressive one-year performance.
Oil Country Tubular has recently reached a new 52-week high, with its stock price hitting Rs. 67.05 on December 30, 2024. This microcap company, operating within the Steel/Sponge Iron/Pig Iron industry, has demonstrated notable performance, outperforming its sector by 2.34% on the same day.

Over the past five days, Oil Country Tubular has shown a strong upward trend, achieving a remarkable 10.35% increase in returns. The stock has consistently traded at its opening price of Rs. 67.05, indicating stability in its recent performance.

In terms of moving averages, Oil Country Tubular is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a robust position in the market. Over the past year, the company has delivered an impressive return of 122.46%, significantly outpacing the Sensex, which recorded a performance of 8.90%. This strong performance highlights Oil Country Tubular's competitive standing within the industry.
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