Thakkers Developers' Stock Reaches All-Time High, Outperforms Sector and Sensex

Feb 12 2024 10:45 AM IST
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Thakkers Developers, a microcap real estate company, has seen a surge in its stock price, reaching an all-time high on February 12th, 2024. The stock has been performing well, outperforming the sector by 13.28% and trading higher than its moving averages. In the past year, it has outperformed the Sensex by 64.05%, showcasing its strong performance and potential for growth.

Thakkers Developers, a microcap real estate company, has seen a surge in its stock price, reaching an all-time high on February 12th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On the day of the price surge, the stock opened with a gain of 2.52% and touched an intraday high of Rs 236.95, outperforming the sector by 13.28%. The stock has been gaining for the last three days and has risen by 26.15% during this period. It has also been highly volatile, with an intraday volatility of 6.1%.

Thakkers Developers 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. However, the real estate sector as a whole has seen a decline of -2.25%.

In the past year, Thakkers Developers has outperformed the Sensex by a significant margin, with a 64.05% increase in its stock price compared to the Sensex's 17.44% performance. This showcases the company's strong performance and potential for growth in the real estate industry.

Overall, Thakkers Developers has shown promising results in the market, with a strong stock performance and positive outlook. Investors may want to keep an eye on this microcap company as it continues to make strides in the real estate sector.
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