Tarsons Products' Stock Price Soars 8.51%, Outperforming Sector and Sensex

Tarsons Products, a smallcap company in the plastic products industry, has seen a significant increase in its stock price on June 12, 2024. The stock gained 8.51%, outperforming the sector by 7.73%. This positive performance comes after the stock has been on a consecutive upward trend for the past two days, with a total return of 10.49% during this period.

On June 12, the stock reached an intraday high of Rs 465, showing a growth of 8.52%. The stock's moving averages are also showing a positive trend, with it being higher than the 5-day, 20-day, 50-day, and 100-day moving averages. However, it is still lower than the 200-day moving average.

In comparison to the overall market performance, Tarsons Products has outperformed the Sensex by a significant margin. On the same day, the stock's performance was 8.34%, while the Sensex only saw a 0.20% increase. In the past month, Tarsons Products has also outperformed the Sensex, with a 6.92% growth compared to the Sensex's 5.43% growth.

This positive performance of Tarsons Products can be attributed to its strong presence in the plastic products industry. As a smallcap company, it has shown promising growth potential and has been able to outperform the market in recent times. Investors should keep an eye on this stock as it continues to show positive momentum.