Thangamayil Jewellery Hits All-Time High, Receives 'Buy' Call from MarketsMOJO

Thangamayil Jewellery, a leading midcap jewellery company, has reached an all-time high in its stock price on July 24, 2024. This positive trend has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock.

The stock has shown strong performance today, hitting a new 52-week high of Rs.1952.95. However, it has underperformed the sector by -0.71%. After two consecutive days of gains, the stock has seen a slight fall, indicating a possible trend reversal. The intraday high of Rs.1952.95 shows a 2.21% increase in the stock price.

Thangamayil Jewellery's stock has been highly volatile today, with an intraday volatility of 36.16%. This is calculated from the weighted average price, indicating a significant fluctuation in the stock price.

In terms of moving averages, Thangamayil Jewellery is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for the stock's performance.

In the past year, Thangamayil Jewellery has shown a remarkable growth of 89.83%, outperforming the Sensex's performance of 21.11%. This showcases the company's strong performance and potential for future growth.

Thangamayil Jewellery is a leading player in the midcap jewellery industry, and its recent stock price surge is a testament to its success. With a 'Buy' call from MarketsMOJO and a strong performance in the past year, Thangamayil Jewellery is definitely a company to watch out for in the jewellery industry.