Thakkers Developers' Stock Price Reaches 52-Week High, Outperforms Sector and Sensex

Feb 12 2024 09:35 AM IST
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Thakkers Developers, a microcap real estate company, has seen a surge in its stock price, reaching a 52-week high of Rs. 220 on February 12, 2024. The company has outperformed the sector by 6.4% and is currently trading higher than its moving averages, indicating a bullish trend. Its 1-year performance has also shown significant growth compared to the Sensex.

Thakkers Developers, a microcap real estate company, has recently seen a surge in its stock price, reaching a 52-week high of Rs. 220 on February 12, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Hold' call for the stock.

The company's performance today has outperformed the sector by 6.4%, indicating a positive trend. Thakkers Developers has been on a consecutive gain for the last 3 days, with a 20.59% increase in returns during this period. The stock also opened with a gain of 2.52% today and touched an intraday high of Rs. 220, showing strong momentum.

In terms of moving averages, Thakkers Developers is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bullish trend for the stock.

Comparing the 1-year performance of Thakkers Developers to the Sensex, the company has shown a significant growth of 54.06%, while the Sensex has only grown by 17.99%. This further highlights the strong performance of the company in the real estate industry.

Thakkers Developers, being a microcap company, has shown promising growth and potential in the market. With its recent surge in stock price and positive performance, it is definitely a company to keep an eye on in the real estate sector.
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