Orissa Minerals Development Company's Stock Reaches 52-Week High, Outperforms Sector

Sep 20 2024 09:35 AM IST
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Orissa Minerals Development Company (OMDC) has achieved a new milestone as its stock price reached a 52-week high on September 20, 2024. The midcap company, operating in the miscellaneous industry, has been performing well in the market and is currently recommended as 'Hold' by MarketsMojo. The stock has outperformed the sector by 2.19% and is trading higher than its moving averages, with a remarkable growth of 101.61% 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 20, 2024. The midcap company, which operates in the miscellaneous industry, has been performing well in the market.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current call for Orissa Minerals Development Company is 'Hold'. The stock has been gaining for the last two days and has outperformed the sector by 2.19%. On September 20, the stock reached an intraday high of Rs 9465, which is a 2.39% increase from the previous day's closing.

Orissa Minerals Development Company is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. In the past year, the company's stock has shown a remarkable growth of 101.61%, while the Sensex has only grown by 24.79%.

It is worth noting that this article is based on factual information and does not include any external data or sources. As a midcap company in the miscellaneous industry, Orissa Minerals Development Company has shown strong performance in the market and continues to attract investors' attention.
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