Thomas Cook (India) Ltd's Stock Hits 52-Week High, Receives 'Buy' Call from MarketsMOJO

Apr 18 2024 02:50 PM IST
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Thomas Cook (India) Ltd, a leading travel services company, has gained 5.76% on April 18, 2024, closing at a new 52-week high of Rs. 205. This positive movement has caught the attention of MarketsMojo, who have given a 'Buy' call for the stock. The stock has consistently outperformed the sector and is trading above its moving averages, indicating a strong uptrend.

Thomas Cook (India) Ltd, a leading travel services company in the midcap industry, has been making headlines with its recent stock performance. On April 18, 2024, the company's stock gained 5.76%, closing at a new 52-week high of Rs. 205. This positive movement has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock's performance today has been impressive, outperforming the sector by 3.42%. It has also been on a consecutive gain for the last two days, with a total rise of 16.33% in this period. The stock opened with a gap up of 3.07% and reached an intraday high of Rs. 205, showing a high volatility of 5.17%.

Thomas Cook (India) Ltd has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong uptrend in the stock. This is a positive sign for investors, as it shows the company's stock is performing well in the market.

The travel services sector has also seen a gain of 2.34%, further highlighting the positive sentiment in the industry. In comparison, Thomas Cook (India) Ltd has outperformed the Sensex by 5.97% in just one day and 37.34% in the last month.

With such impressive performance, it is no surprise that MarketsMOJO has given a 'Buy' call for Thomas Cook (India) Ltd. The company's stock has shown strong growth potential and investors can expect to see more positive movement in the future. As a leading player in the midcap industry, Thomas Cook (India) Ltd continues to make a mark in the market with its consistent performance.
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