Tilaknagar Industries' Stock Reaches All-Time High, Outperforms Sensex in Past Year

Tilaknagar Industries, a midcap company in the breweries and distilleries industry, has been making headlines recently with its stock price reaching an all-time high on November 9th, 2024. This positive trend has caught the attention of investors and market experts, with MarketsMOJO giving the stock a 'Buy' call.

The company's stock has been a part of the Momentumnow Stocks on MarketsMOJO since November 5th, 2024, indicating a strong performance in the recent past. Today, the stock hit a new 52-week high of Rs. 370, showcasing its upward momentum. However, it underperformed the sector by -1.82% today, but this could be seen as a minor dip after three consecutive days of gains.

Tilaknagar Industries has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong and consistent performance. This is a positive sign for investors, as it shows the stock's stability and potential for further growth.

In the past year, Tilaknagar Industries has outperformed the Sensex with a 42.95% increase in its stock price, compared to the Sensex's 22.33% performance. This showcases the company's strong performance and potential for future growth.

With its recent all-time high and positive performance, Tilaknagar Industries is definitely a stock to watch out for in the breweries and distilleries industry. Investors can consider adding it to their portfolio for potential long-term gains.