Thangamayil Jewellery's Stock Reaches All-Time High, Outperforms Sector and Moving Averages

Jun 21 2024 01:05 PM IST
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Thangamayil Jewellery, a smallcap company in the jewellery industry, has been gaining attention in the stock market with its recent performance. Its stock price reached an all-time high on June 21, 2024, and is currently rated as 'Hold' by MarketsMojo. The stock has outperformed the sector by 7.08% and is trading higher than its moving averages, indicating a strong upward trend. In the past year, the stock has shown a remarkable growth of 101.94%, outperforming the market. With its promising growth potential, Thangamayil Jewellery is a company to watch out for in the jewellery industry.

Thangamayil Jewellery, a smallcap company in the jewellery industry, has been making waves in the stock market with its recent performance. On June 21, 2024, the company's stock price reached an all-time high, indicating a positive trend for investors.

According to MarketsMOJO, a leading stock market analysis platform, Thangamayil Jewellery's stock is currently rated as 'Hold'. However, the company's stock has been gaining for the past two days and has outperformed the sector by 7.08%. This shows a promising growth potential for the company.

The stock is currently trading close to its 52-week high of Rs 1544.95, with a difference of only 1.01%. In today's trading session, the stock touched an intraday high of Rs 1529.5, showing a significant increase of 6.66%.

Thangamayil Jewellery's stock is also performing well in comparison to its moving averages. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the past year, Thangamayil Jewellery's stock has shown a remarkable growth of 101.94%, while the Sensex has only grown by 21.24%. This shows that the company has been able to outperform the market and deliver impressive returns for its investors.

Overall, Thangamayil Jewellery's stock is showing a positive trend and has the potential to continue its upward trajectory in the future. With its strong performance and growth potential, the company is definitely one to watch out for in the jewellery industry.
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