Timex Group India's Stock Soars 20.52% in Second Consecutive Day of Gains

Timex Group India, a smallcap company in the lifestyle industry, has seen a significant increase in its stock price on October 25, 2024. The stock has gained 20.52%, outperforming the sector by 20.43%. This marks the second consecutive day of gains for the company, with a total return of 23.21% in this period.

The stock opened with a gap up of 20.52% and reached an intraday high of Rs 149.45. It has since traded at this price, indicating a stable performance throughout the day. Timex Group India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, Timex Group India has outperformed with a 1-day performance of 20.52% versus the Sensex's 0.21%. Over the past month, the company's stock has also performed better than the Sensex, with a 3.97% increase compared to the Sensex's -5.80% decrease.

This positive performance by Timex Group India reflects the company's strong position in the lifestyle industry. As a smallcap company, it has shown resilience and potential for growth in the market. Investors may want to keep an eye on this stock as it continues to make gains in the future.