Supreme Holdings Hits New 52-Week High Amid Strong Market Performance

Dec 30 2024 09:35 AM IST
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Supreme Holdings & Hospitality has recently experienced a revision in its score, reflecting its strong market performance. The stock has reached a new 52-week high and has outperformed its sector, indicating robust upward momentum. Additionally, it has been added to MarketsMojo's list, underscoring its positive trajectory.
Supreme Holdings & Hospitality has recently reached a new milestone, hitting a 52-week high of Rs. 103.45 on December 30, 2024. This achievement reflects a strong performance in the construction and real estate sector, where the company has outperformed its peers by 1.17% today.

The stock has shown consistent upward momentum, gaining for three consecutive days and delivering a notable 10.51% return during this period. It opened with a gain of 2.8% today, indicating positive market sentiment. Throughout the trading session, the stock reached an intraday high of Rs. 103.45, marking a 3.75% increase.

In terms of technical indicators, Supreme Holdings is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust trend in its price action. Over the past year, the company has demonstrated impressive growth, with a 69.53% increase in stock value, significantly outpacing the Sensex, which recorded an 8.73% rise during the same timeframe.
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