Tamil Nadu Petro Products Hits New 52-Week High at Rs. 120.45
Tamil Nadu Petro Products has reached a significant milestone by hitting a new 52-week high of Rs. 120.45 today, marking a notable achievement in the petrochemicals sector. This surge comes as the stock has outperformed its sector by 3.18%, reflecting strong momentum in its recent performance. Over the past five days, Tamil Nadu Petro Products has shown a remarkable increase of 10.46%, indicating a consistent upward trend.The stock opened with a gain of 3.81% today, further solidifying its position in the market. Throughout the trading session, it touched an intraday high of Rs. 120.45, representing a 5.47% increase. Additionally, Tamil Nadu Petro Products is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust performance relative to its historical price trends.
In the broader market context, the Sensex has also been on an upward trajectory, climbing 388.99 points to reach 84,686.38, and is now just 0.71% away from its own 52-week high. With a one-year performance of 46.47%, Tamil Nadu Petro Products has significantly outpaced the Sensex's 6.65% gain, highlighting its strong market position.
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