TajGVK Hotels & Resorts Ltd sees significant stock price increase, outperforms sector and Sensex

TajGVK Hotels & Resorts Ltd, a smallcap company in the hotel industry, has seen a significant increase in its stock price on May 3rd, 2024. The stock has gained 10.95%, closing at Rs. 422.2, which is also its new 52-week and all-time high. This performance has outperformed the sector by 10.53%, making it a top performer in the market.

The stock has been gaining for the last two days, with a consecutive gain of 11.28% during this period. It also touched an intraday high of Rs. 422.2, showing high volatility with an intraday volatility of 7.86%. This volatility is calculated from the weighted average price.

TajGVK Hotels & Resorts Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the Sensex, TajGVK Hotels & Resorts Ltd has outperformed with a 1-day performance of 10.15% versus Sensex's 0.52%. In the last month, the stock has also outperformed the Sensex with a 6.12% return compared to Sensex's 1.52% return.

MarketsMOJO has given a 'Hold' call for TajGVK Hotels & Resorts Ltd, suggesting that investors hold onto their current positions in the stock. With its strong performance and positive trend, TajGVK Hotels & Resorts Ltd is definitely a stock to watch out for in the hotel industry.