Tide Water Oil Co (I) Ltd: A Smallcap Company Making Waves in the Stock Market

Tide Water Oil Co (I) Ltd, a smallcap company in the lubricants industry, has been making waves in the stock market with its recent performance. On 2024-08-28, the company's stock price hit a 52-week high of Rs. 2800, which is a significant milestone for the company.

According to MarketsMOJO, a leading stock market analysis platform, the stock has been given a 'Buy' call. This is a positive sign for investors, indicating that the stock is expected to perform well in the future.

In terms of performance, Tide Water Oil Co (I) Ltd has outperformed its sector by 2.79% and has been on a consecutive gain for the last 2 days, with a 4.3% increase in returns. The stock also touched an intraday high of Rs. 2800, which is a 5.82% increase from its previous close.

Moreover, the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive indication of its upward trend.

In the past year, Tide Water Oil Co (I) Ltd has shown an impressive performance with a 134.64% increase in its stock price, while the Sensex has only seen a 25.59% increase. This further highlights the company's strong performance and potential for growth.

With its consistent growth and positive outlook, Tide Water Oil Co (I) Ltd is definitely a stock to watch out for in the lubricants industry. Investors can consider adding this smallcap company to their portfolio for potential long-term gains.