Trishakti Industries Experiences Revision in Its Stock Evaluation Amid Record Performance

Dec 22 2024 09:20 AM IST
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Trishakti Industries has been added to MarketsMojo's list following a revision in its score, reflecting its impressive performance metrics. The stock recently reached an all-time high, demonstrating strong momentum with substantial gains over the past year, significantly outpacing its sector and the broader market.
Trishakti Industries has recently experienced a noteworthy adjustment in its evaluation, reflecting the company's robust performance in the finance and non-banking financial company (NBFC) sector. The stock has reached an all-time high price of Rs. 182, marking a significant milestone for the microcap player. This achievement comes as the stock has consistently outperformed its sector, showcasing a remarkable momentum with a total return of 45.08% over the past 12 consecutive days.

On December 22, 2024, Trishakti Industries opened with a notable gain, reaching an intraday high of Rs. 182, despite experiencing a decline during the day. The stock's performance has been bolstered by its strong positioning above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which indicates a solid upward trend.

In addition to its impressive price performance, Trishakti Industries has been added to MarketsMOJO's list, further highlighting its potential in the market. Over the past year, the stock has surged by an impressive 493.80%, significantly outpacing the Sensex's growth of 10.69%. This remarkable trajectory underscores the company's strong fundamentals and market position, making it a noteworthy player in the financial landscape.
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