Thangamayil Jewellery Reaches All-Time High Price, Stock Call Rated 'Strong Buy' by MarketsMOJO

Thangamayil Jewellery, a leading player in the diamond and gold jewellery industry, has reached an all-time high price of Rs.2451.15 on September 24, 2024. This is a significant milestone for the midcap company, which has been gaining momentum in the market.

According to MarketsMOJO, a leading stock market analysis platform, Thangamayil Jewellery's stock call is currently a 'Strong Buy'. This is a positive indication for investors, as the company's stock has been performing exceptionally well in the market.

In today's trading session, Thangamayil Jewellery's stock has outperformed the sector by 3.82%, showcasing its strong performance. The stock has also been gaining for the last three days, with a 10.84% increase in returns during this period. This is a clear indication of the company's consistent growth and potential for future success.

The stock also saw a high volatility today, with an intraday volatility of 29.82%. However, this did not affect the stock's overall performance, as it touched an intraday high of Rs.2451.15, a 4.95% increase from the previous day's closing price.

Thangamayil Jewellery's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for investors, as it indicates a strong upward trend in the company's stock price.

In the past year, Thangamayil Jewellery's stock has shown an impressive performance of 101.75%, outperforming the Sensex's performance of 28.60%. This further solidifies the company's position as a strong player in the market.

Overall, Thangamayil Jewellery's stock has been on a steady rise, showcasing its strong fundamentals and potential for growth. With its recent all-time high price and positive stock call from MarketsMOJO, the company is definitely one to watch out for in the diamond and gold jewellery industry.