Tata Investment Corporation Hits 52-Week High, Outperforms Sector with Consistent Gains

Tata Investment Corporation, a largecap finance and non-banking financial company (NBFC), has recently hit a 52-week high on March 7th, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On March 7th, the stock reached an all-time high of Rs. 9744.4, outperforming the sector by 4.52%. It has also been on a consecutive gain for the past 7 days, with a 39.49% increase in returns during this period. The stock opened with a gain of 3.34% today and reached an intraday high of Rs. 9744.4, showing high volatility with an intraday volatility of 75.68%.

Tata Investment Corporation 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 market. In the past year, the company has shown a remarkable performance with a 379.88% increase, while the Sensex has only seen a 22.93% growth.

With its strong performance and consistent gains, Tata Investment Corporation is a promising stock in the finance and NBFC industry. Investors can keep a close eye on its performance in the coming days.