Thangamayil Jewellery Ltd Surges 10% Today, Reaches New All-Time High of Rs. 3384.9

Thangamayil Jewellery Ltd is witnessing remarkable buying activity, with the stock surging by 10.00% today, significantly outperforming the Sensex, which declined by 0.17%. Over the past week, Thangamayil has shown a staggering 56.03% increase, while the Sensex has dropped by 0.91%. This trend continues with a 67.62% rise over the past month compared to the Sensex's modest gain of 1.52%.
The stock has been on a strong upward trajectory, marking six consecutive days of gains, accumulating a total return of 65.24% during this period. Today, Thangamayil reached a new 52-week and all-time high of Rs 3384.9, reflecting robust market interest. The stock's intraday performance included a high of Rs 3384.9 and a low of Rs 2982, indicating high volatility with an intraday fluctuation of 5.49%.

Thangamayil Jewellery is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing its strong market position in the gems and jewellery sector. The significant buying pressure may be attributed to positive sentiment surrounding the company and its consistent performance metrics.