Tirupati Starch & Chemicals Achieves 52-Week High Amid Strong Market Momentum

Tirupati Starch & Chemicals has made headlines today as its stock price reached a new 52-week high of Rs. 206.9, marking a significant milestone for the microcap company in the FMCG sector. This achievement comes after a robust performance over the past five days, during which the stock has gained 20.3%, outperforming its sector by 3.42%.
Opening with a gain of 3.11%, the stock demonstrated strong momentum, peaking at an intraday high of Rs. 206.9, reflecting a 4.57% increase. Notably, Tirupati Starch is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.

In the broader market context, the Sensex opened higher at 82,451.87, gaining 265.06 points (0.32%) and is currently trading at 82,346.68. The index is just 4.41% away from its own 52-week high of 85,978.25, supported by bullish moving averages. Over the past year, Tirupati Starch & Chemicals has delivered a return of 5.85%, outperforming the Sensex, which has seen a return of 2.39%. The stock's 52-week low stands at Rs. 140.2.