Shree Digvijay Cement Co. Ltd's Stock Reaches All-Time High, Outperforms Sector

Jan 12 2024 02:15 PM IST
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Shree Digvijay Cement Co. Ltd, a smallcap company in the cement industry, has been in the news for its record-breaking stock price on January 12, 2024. The stock has shown a 1.95% increase from its 52-week high and has received a 'Hold' rating from MarketsMojo. It has outperformed the sector by 2.43% and has been on a consecutive gain for the last 2 days. With a 51.91% increase in the past year, the company has proven its potential for growth and ability to outperform the market. Its stock is currently trading above all its moving averages, indicating a positive trend.

Shree Digvijay Cement Co. Ltd, a smallcap company in the cement industry, has been making headlines recently as its stock price reached an all-time high on January 12, 2024. The stock has been performing well, with a 1.95% increase from its 52-week high of Rs 108. This positive trend has been noticed by MarketsMOJO, who have given the stock a 'Hold' rating.

In today's trading, Shree Digvijay Cement Co. Ltd has outperformed the sector by 2.43%, showing its strength in the market. The stock has also been on a consecutive gain for the last 2 days, with a 2.54% increase in returns during this period. The intraday high for the stock was Rs 107, a 3.3% increase from its previous close.

Shree Digvijay Cement Co. Ltd's performance over the past year has been impressive, with a 51.91% increase compared to the Sensex's 20.95% performance. This shows the company's strong growth potential and its ability to outperform the market.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. With its strong performance and potential for growth, Shree Digvijay Cement Co. Ltd is definitely a company to keep an eye on in the cement industry.
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