OMDC's Stock Soars 5.25% and Hits All-Time High on Strong Performance

Orissa Minerals Development Company (OMDC) has shown a strong performance in the stock market, gaining 5.25% on October 10, 2024. The stock has been recommended as a 'Hold' by MarketsMOJO, a leading stock market analysis and recommendation platform.

OMDC's stock price hit a new 52-week and all-time high of Rs.9700 on the same day, outperforming the sector by 4.46%. The stock has been on a consecutive gain for the last 2 days, with a 5.81% increase in returns during this period. It also opened with a gap up of 2.21% today and touched an intraday high of Rs.9700, a 7.75% increase.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. In comparison to the Sensex, OMDC's 1-day performance is 5.27% while the Sensex's performance is only 0.22%. Similarly, in the last 1 month, OMDC has outperformed the Sensex with a 19.60% increase in performance while the Sensex has shown a decrease of -0.33%.

OMDC is a midcap company in the miscellaneous industry and has shown a strong performance in the stock market. This information is based on facts and figures and does not include any external data or sources. Investors are advised to do their own research and analysis before making any investment decisions.