Shree Digvijay Cement Co. Ltd Reaches 52-Week High, Outperforms Sector and Shows Positive Trend

Jan 18 2024 11:35 AM IST
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Shree Digvijay Cement Co. Ltd, a smallcap company in the cement industry, reached a 52-week high on January 18, 2024. The stock has outperformed the sector by 6.43% and has shown a trend reversal, gaining after two consecutive days of falling. It is trading higher than its moving averages, indicating a positive trend. The company's stock price has increased by 51.44% in the past year, making it a strong performer in the market.

Shree Digvijay Cement Co. Ltd, a smallcap company in the cement industry, has recently reached a 52-week high on January 18, 2024. The stock has been performing well, with a 'Hold' recommendation from MarketsMOJO.

The stock's price summary shows that it hit a new high of Rs. 111.95 today and has outperformed the sector by 6.43%. It has also shown a trend reversal, gaining after two consecutive days of falling. The stock has been highly volatile today, with an intraday volatility of 6.58%.

In terms of moving averages, Shree Digvijay Cement Co. Ltd is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In the past year, the company's performance has been impressive, with a 51.44% increase in stock price compared to the Sensex's 16.74% performance. This shows that Shree Digvijay Cement Co. Ltd has been a strong performer in the market.

Overall, Shree Digvijay Cement Co. Ltd's recent 52-week high and positive performance make it a company to watch in the cement industry. Investors may want to consider adding it to their portfolio.
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