Orissa Minerals Development Company's Stock Reaches All-Time High, Outperforms Sector

Orissa Minerals Development Company (OMDC) has reached an all-time high on September 17, with its stock price hitting Rs.9038.25. The company, which operates in the miscellaneous industry and is classified as a midcap company, has been gaining momentum in the stock market.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current stock call for Orissa Minerals Development Company is 'Hold'. The stock has outperformed the sector by 2.94% and has been on a consecutive gain for the last 4 days, with a 14.37% increase in returns during this period.

On September 17, the stock touched an intraday high of Rs.9038.25, showing a 3.53% increase, and an intraday low of Rs.8438.7, with a -3.34% decrease. This indicates a volatile trading day for the company's stock.

Orissa Minerals Development Company 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 stock's performance.

In the past year, Orissa Minerals Development Company has shown a remarkable performance with a 95.97% increase in its stock price, while the Sensex has only shown a 22.44% increase. This further highlights the company's strong performance in the stock market.

Overall, Orissa Minerals Development Company has been making significant strides in the stock market, with its stock price reaching an all-time high and outperforming the sector. Investors may want to keep an eye on this midcap company as it continues to show positive growth and performance.