Timex Group India Achieves 52-Week High Amid Strong Market Performance
Timex Group India has made headlines today as its stock price reached a new 52-week high of Rs. 240, marking a significant milestone for the small-cap lifestyle company. This surge comes after a strong performance over the past five days, during which the stock has gained an impressive 45.39%. Today, it opened with a notable gain of 3.49% and peaked at an intraday high of Rs. 240, reflecting a 7.99% increase.In terms of market positioning, Timex Group India has outperformed its sector by 4.47%, while the broader lifestyle industry has seen a modest gain of 2.03%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.
Over the past year, Timex Group India has delivered a remarkable return of 75.69%, significantly outpacing the Sensex, which has risen by only 12.05% during the same period. The stock's 52-week low stands at Rs. 113.45, highlighting its substantial recovery and growth trajectory in the current market environment.
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