Orissa Minerals Development Company Hits 52-Week High, Outperforms Sector and Sensex
Orissa Minerals Development Company (OMDC) has reached a new milestone as its stock price hit a 52-week high on September 30, 2024. The stock has been performing well, outperforming the sector by 7.2%. It has also shown a positive trend, trading higher than its moving averages. OMDC has outperformed the Sensex by 75.42% in the past year.
Orissa Minerals Development Company (OMDC) has reached a new milestone as its stock price touched a 52-week high on September 30, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.
As of today, the stock has hit an all-time high of Rs. 9629.8, outperforming the sector by 7.2%. This marks a trend reversal for the stock, as it has gained after two consecutive days of fall. The intraday high for the stock was Rs. 9629.8, showing a significant increase of 10.28%.
Moreover, Orissa Minerals is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.
In terms of performance, Orissa Minerals has outperformed the Sensex by a significant margin, with a 1-year performance of 75.42% compared to the Sensex's 28.07%.
Orissa Minerals Development Company is a midcap company in the miscellaneous industry. With its recent stock price surge, it has shown promising growth and potential in the market. Investors and stakeholders can keep a close eye on this company for future developments.
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