Shree Digvijay Cement Co. Ltd's Stock Surges to 52-Week High Amid Positive Market Performance

Jan 12 2024 02:35 PM IST
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Shree Digvijay Cement Co. Ltd, a smallcap company in the cement industry, has recently seen a surge in its stock price, reaching a 52-week high of Rs. 110.25 on January 12, 2024. This is attributed to the company's positive performance in the market, with a 'Hold' call from MarketsMojo. The stock has outperformed the sector and the Sensex, with a consecutive gain for the last 2 days and trading above its moving averages. Investors are advised to hold their positions and monitor the company's future performance.

Shree Digvijay Cement Co. Ltd, a smallcap company in the cement industry, has recently seen a surge in its stock price. On January 12, 2024, the company's stock reached a 52-week high of Rs. 110.25. This has been attributed to the positive performance of the company in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Shree Digvijay Cement Co. is 'Hold'. This is based on the company's recent performance and market trends.

In terms of price performance, Shree Digvijay Cement Co. has outperformed the sector by 4.04% and has been on a consecutive gain for the last 2 days, with a 4.07% increase in returns. The stock also touched an intraday high of Rs. 110.25, showing a 6.44% increase.

Furthermore, the company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the market for Shree Digvijay Cement Co.

In comparison to the Sensex, Shree Digvijay Cement Co. has shown a strong performance with a 1-year return of 50.22%, while the Sensex has only seen a 21.11% increase.

Overall, Shree Digvijay Cement Co. has shown promising growth in the market and has been able to outperform its sector and the Sensex. Investors are advised to hold their positions and keep an eye on the company's future performance.
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