Thangamayil Jewellery's Stock Hits 52-Week High, Outperforms Sector with Impressive 3-Day Streak
Thangamayil Jewellery, a leading midcap company in the jewellery industry, has been making headlines in the stock market with its recent performance. On September 3rd, the stock hit a 52-week high of Rs. 2375, showcasing its strong growth and potential. With a 'Strong Buy' call from MarketsMojo, the company is definitely one to watch out for.
Thangamayil Jewellery, a leading midcap company in the jewellery industry, has been making waves in the stock market with its recent performance. On September 3rd, the company's stock price hit a 52-week high of Rs. 2375, which is also an all-time high for the company. This has caught the attention of investors and analysts, with MarketsMOJO giving a 'Strong Buy' call for the stock.
In today's trading session, Thangamayil Jewellery outperformed the sector by 3.64%, showcasing its strong performance. The stock has been on a winning streak for the past 3 days, with a 14.9% increase in its value during this period. The intraday high of Rs. 2375 also reflects the high volatility of the stock, with a 5.1% fluctuation in its weighted average price.
Thangamayil Jewellery's performance is also reflected in its moving averages, as it is currently trading above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.
In comparison to the Sensex, Thangamayil Jewellery has shown an impressive 1-year performance of 84.14%, while the Sensex has only grown by 26.24%. This showcases the company's strong growth and potential in the jewellery industry.
Thangamayil Jewellery's recent success in the stock market is a testament to its strong business strategies and performance. With its stock price hitting new highs and a 'Strong Buy' call from MarketsMOJO, the company is definitely one to watch out for in the midcap segment of the jewellery industry.
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