Tinna Rubber & Infrastructure Ltd's Stock Reaches 52-Week High, Experts Give 'Buy' Call

Jun 24 2024 09:35 AM IST
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Tinna Rubber & Infrastructure Ltd, a smallcap company in the rubber products industry, has been gaining attention in the stock market with its stock price reaching a 52-week high of Rs. 1809 on June 24th. The company has outperformed its sector and is currently trading above its moving averages, showing a positive trend.

Tinna Rubber & Infrastructure Ltd, a smallcap company in the rubber products industry, has been making headlines in the stock market recently. On June 24th, the company's stock price reached a 52-week high, hitting Rs. 1809. This positive trend has been noticed by market experts, with MarketsMOJO giving a 'Buy' call for the stock.

In terms of performance, Tinna Rubber has outperformed its sector by 1.82% and has been on a consecutive gain for the last 6 days, with a 22.14% increase in returns during this period. The stock also saw a high of Rs. 1809 and a low of Rs. 1700 during the day, showing a strong trading activity.

Moreover, Tinna Rubber is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend for the company. In comparison to the Sensex, Tinna Rubber has shown a remarkable 1-year performance of 574.12%, while the Sensex has only seen a 22.13% increase.

Tinna Rubber & Infrastructure Ltd's success can be attributed to its strong presence in the rubber products industry and its consistent growth in the stock market. With its stock price reaching new heights and experts giving a 'Buy' call, Tinna Rubber is definitely a company to watch out for in the smallcap segment.
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