Tata Investment Corporation's Stock Performance Continues to Outperform Sector, Gains 3.72%

Tata Investment Corporation, a largecap finance and non-banking financial company (NBFC), saw a positive trend in its stock performance on October 11, 2024. The stock gained 3.72%, outperforming the sector by 1.99%. This marks the second consecutive day of gains for the company, with a total increase of 7.73% in the past two days.

The stock also saw high volatility, with an intraday volatility of 13.55%. This was calculated from the weighted average price. The stock reached an intraday high of Rs 7124.9, showing a 2.9% increase.

Tata Investment Corporation is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock performance.

In comparison to the Sensex, Tata Investment Corporation's 1-day performance was 3.72%, while the Sensex's performance was -0.11%. Similarly, in the past month, Tata Investment Corporation's performance was 3.04%, while the Sensex's performance was -0.01%.

Overall, Tata Investment Corporation's stock performance has been positive and it continues to outperform the sector. Investors may want to hold onto their stocks for now, as suggested by MarketsMOJO's 'Hold' call.