Thangamayil Jewellery's Stock Hits All-Time High, Outperforms Sector and Sensex

Jun 25 2024 09:26 AM IST
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Thangamayil Jewellery, a smallcap company in the jewellery industry, has been making headlines in the stock market with its recent performance. On June 25th, the stock hit an all-time high of Rs. 1760, outperforming the sector by 1.22%. With a gain of 24.03% in the past 4 days and trading above its moving averages, the company's stock has shown strong growth potential and is a promising investment option.

Thangamayil Jewellery, a smallcap company in the jewellery industry, has been making waves in the stock market with its recent performance. On June 25th, the company's stock price reached an all-time high, hitting Rs. 1760. This has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Hold' call for the stock.

In today's trading session, Thangamayil Jewellery outperformed the sector by 1.22%, showcasing its strong performance. The stock has been on a winning streak for the past 4 days, with a gain of 24.03% during this period. It opened with a gap up of 5.16% and touched an intraday high of Rs. 1760, showing high volatility with an intraday range of 35.21%.

Thangamayil Jewellery's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. In the past year, the company's stock has outperformed the Sensex by a significant margin, with a return of 126.90% compared to the Sensex's 23.04% performance.

Thangamayil Jewellery's strong performance in the stock market is a reflection of its success in the jewellery industry. As a smallcap company, it has shown impressive growth and potential, making it a promising investment option for those looking to diversify their portfolio. With its recent all-time high, Thangamayil Jewellery is definitely a stock to watch out for.
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