Thangamayil Jewellery Hits Day High with 7.29% Surge in Stock Price
Thangamayil Jewellery has shown significant activity today, gaining 7.29% and reaching an intraday high of Rs 2246.95, reflecting an increase of 8.11%. This performance is notable as it outperformed the broader sector by 7.24%. The stock has been on a positive trajectory, marking consecutive gains over the last two days, with a total return of 9.24% during this period.Currently, Thangamayil Jewellery is trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong market position. The stock is also just 2.74% away from its 52-week high of Rs 2298.95, suggesting robust performance relative to its historical price levels.
In contrast, the broader market, represented by the Sensex, has faced a decline of 0.32% today, closing at 84,136.75 after a flat opening. Despite the overall market's challenges, Thangamayil Jewellery's performance highlights its resilience and strength within the gems, jewellery, and watches industry.
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