Samhi Hotels Achieves 52-Week High Amid Broader Market Decline
Samhi Hotels has reached a new 52-week high of Rs. 228.85, marking a significant achievement for the midcap company in the Hotels & Resorts sector. The stock has outperformed its industry and demonstrated strong momentum, trading above key moving averages, while also showing a notable gain over the past year.
Samhi Hotels has made headlines today as its stock price reached a new 52-week high of Rs. 228.85, marking a significant milestone for the midcap company in the Hotels & Resorts industry. This achievement comes amid a broader market context where the Sensex experienced a decline of 350.58 points, closing at 82,221.09, which is still 4.57% shy of its own 52-week high.In terms of performance, Samhi Hotels has outperformed its sector by 3.65% today, reflecting strong market activity. The stock also demonstrated robust momentum, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.
Over the past year, Samhi Hotels has shown a commendable performance with a gain of 21.86%, significantly outpacing the Sensex, which recorded a growth of only 7.33% during the same period. The stock's 52-week low stands at Rs. 120.35, highlighting the substantial recovery and growth it has experienced in recent months.
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