Thangamayil Jewellery Hits Day High with 11.66% Surge in Stock Price
Thangamayil Jewellery has seen significant trading activity, reaching a new 52-week high and demonstrating strong momentum with consecutive gains over four days. The stock is currently above all major moving averages, indicating a robust upward trend, while the broader market shows a slight decline.
Thangamayil Jewellery has experienced significant activity today, marking a notable gain of 11.66% as it reached a new 52-week high of Rs 2820.25. This milestone reflects the stock's strong performance, outperforming its sector by 5.9%. The stock has shown impressive momentum, achieving consecutive gains over the past four days, resulting in a remarkable 35.14% increase during this period.Opening with a gap up of 3.33%, Thangamayil Jewellery touched an intraday high of Rs 2820.25, showcasing an increase of 8.33% at its peak. The stock exhibited high volatility today, with an intraday volatility rate of 57.05%, indicating active trading dynamics.
In terms of moving averages, Thangamayil Jewellery is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend. This performance stands in contrast to the broader market, where the Sensex is down by 0.1% after a flat opening. Overall, Thangamayil Jewellery's performance today highlights its strong position within the small-cap segment of the gems, jewellery, and watches industry.
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