Tanfac Industries Achieves 52-Week High Amid Strong Market Performance Trends

Jan 20 2025 09:35 AM IST
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Tanfac Industries has achieved a new 52-week high, with its stock price reaching Rs. 3316.5. The company has shown strong performance, gaining for three consecutive days and delivering a total return of 9.76%. Its stock has appreciated by 38.46% over the past year, outperforming the Sensex.
Tanfac Industries, a small-cap player in the chemicals sector, has reached a new 52-week high, with its stock price hitting Rs. 3316.5 on January 20, 2025. This achievement highlights the company's strong performance, as it has outperformed its sector by 1.96% on the same day.

The stock has demonstrated a solid upward trend, gaining for three consecutive days and delivering a total return of 9.76% during this period. Opening the trading day with a gain of 2.49%, Tanfac Industries reflected positive market sentiment, reaching an intraday high of Rs. 3316.5, which marks a 7.06% increase.

From a technical perspective, Tanfac Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust performance across various time frames. Over the past year, the company's stock has appreciated by 38.46%, significantly outpacing the Sensex, which recorded a growth of 7.32%.
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