Tricom Fruit Products Experiences Revision in Its Stock Evaluation Amid Strong Performance Metrics

Jan 01 2025 09:35 AM IST
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Tricom Fruit Products has reached a new 52-week high, reflecting a notable performance uptick and outpacing its sector. Despite this success, MarketsMojo has made an adjustment in its evaluation of the stock, indicating a cautious stance for investors amid its strong upward trend and impressive annual appreciation.
Tricom Fruit Products, a microcap player in the FMCG sector, has recently made headlines as its stock price reached a new 52-week high of Rs. 2.38. This milestone, achieved on January 1, 2025, marks a significant moment for the company, especially as it has outperformed its sector by nearly 5% today.

The stock has shown impressive momentum, gaining consecutively over the past six days and delivering a remarkable 26.6% return during this period. Additionally, Tricom Fruit Products is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Tricom Fruit Products, reflecting the stock's recent performance metrics. The company's one-year performance stands at an impressive 68.79%, significantly outpacing the Sensex, which has recorded a mere 8.02% during the same timeframe. Furthermore, Tricom Fruit Products has been added to MarketsMOJO's list, highlighting its current standing in the market.
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