Tide Water Oil Co (I) Ltd's Stock Price Soars, Outperforms Sector and Market

Apr 24 2024 11:05 AM IST
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Tide Water Oil Co (I) Ltd, a smallcap company in the lubricants industry, saw a 7.81% increase in its stock price on April 24th, 2024. The stock is currently trading above its moving averages and has outperformed the sector and the overall market. MarketsMojo recommends holding onto current positions in the company.

Tide Water Oil Co (I) Ltd, a smallcap company in the lubricants industry, has seen a significant increase in its stock price on April 24th, 2024. The stock gained 7.81%, outperforming the sector by 5.71%. The day's high was recorded at Rs 1717, a growth of 8.49%.

According to MarketsMOJO, a leading financial analysis platform, the stock's current call is 'Hold'. This suggests that investors should hold onto their current positions in the company.

Tide Water Oil Co (I) Ltd'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 market. The lubricants sector as a whole has also seen a gain of 2.19%.

In comparison to the overall market performance, Tide Water Oil Co (I) Ltd has outperformed the Sensex by a significant margin. The stock's 1-day performance was 7.42% compared to the Sensex's 0.46%, while its 1-month performance was 19.04% compared to the Sensex's 1.71%.

Overall, Tide Water Oil Co (I) Ltd has shown strong performance in the market, with a positive trend in its stock price and outperforming the sector and the overall market. Investors are advised to hold onto their current positions in the company, as suggested by MarketsMOJO.
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