TRIL Stock Hits 52-Week High, Outperforms Sector with Impressive Growth

Transformers & Rectifiers India Ltd (TRIL) has reached a new milestone as its stock price hit a 52-week high of Rs.845.7 on June 13, 2024. This midcap company in the capital goods industry has been on a positive trajectory, gaining 11.26% in the last 3 days alone.

MarketsMOJO, a leading stock analysis platform, has given a 'Buy' call for TRIL, considering its strong performance and potential for growth. The stock has also been a part of the Hidden Turnaround list on MarketsMOJO since April 8, 2024.

Today, TRIL outperformed the sector by 0.26% and opened with a gain of 4.82%. It also touched an intraday high of Rs.845.7, a 4.91% increase from the previous day's close. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.

In the past year, TRIL has shown an impressive growth of 897.45%, outperforming the Sensex's performance of 21.81%. This showcases the company's strong fundamentals and potential for future growth.

With its recent 52-week high, TRIL has proven to be a promising investment option in the capital goods industry. Investors can look forward to its continued positive performance and potential for growth in the coming days.