Tinna Rubber & Infrastructure Ltd Hits New 52-Week High, Outperforms Sector with Impressive Growth

Tinna Rubber & Infrastructure Ltd, a smallcap company in the rubber products industry, has been making headlines in the stock market recently. On June 27, 2024, the company's stock price reached a new 52-week high of Rs. 2075.45, which is also an all-time high for the company.

MarketsMOJO, a leading stock market analysis and recommendation platform, has given a 'Buy' call for Tinna Rubber & Infrastructure. The stock has been performing exceptionally well, outperforming the sector by 1.95% and gaining for the last 9 consecutive days with a remarkable 42.65% return in this period. Today, the stock opened with a gain of 3.95% and touched an intraday high of Rs. 2075.45, which is 5% higher than the previous day's closing.

Tinna Rubber & Infrastructure is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The rubber products sector has also seen a gain of 2.63%, further boosting the company's performance.

In the past year, Tinna Rubber & Infrastructure has shown an impressive growth of 727.51%, while the Sensex has only grown by 23.79%. This highlights the company's strong performance and potential for future growth.

With its consistent upward trend and positive market sentiment, Tinna Rubber & Infrastructure is definitely a stock to watch out for in the rubber products industry. Investors can consider adding this smallcap company to their portfolio for potential long-term gains.