Transformers & Rectifiers India Ltd (TRIL) Hits All-Time High, Outperforms Sector by 1.52%

Transformers & Rectifiers India Ltd (TRIL) has reached an all-time high on November 5, 2024, with its stock price hitting Rs.972. This midcap company in the capital goods industry has been gaining momentum in the market, with MarketsMOJO giving it a 'Buy' call. The stock has also been a part of the Hidden Turnaround and Reliable Performers lists on MarketsMOJO since April and August of 2024, respectively.

Today, TRIL has outperformed the sector by 1.52%, showcasing its strong performance in the market. The stock has been gaining for the past two days and has risen by 5.9% during this period. However, it did touch an intraday low of Rs.928.55, showing some volatility in its trading. The stock has been highly volatile today, with an intraday volatility of 35.08%, calculated from the weighted average price.

TRIL's moving averages also indicate a positive trend, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further strengthens its position in the market.

In the past year, TRIL has shown an impressive performance of 434.64%, while the Sensex has only grown by 22.27%. This showcases the company's strong growth and potential in the market.

With its stock reaching an all-time high and strong performance in the market, Transformers & Rectifiers India Ltd is definitely a company to watch out for in the capital goods industry.