Triveni Engineering and Industries' Stock Shows Positive Growth in Sugar Industry.
On June 19, 2024, Triveni Engineering and Industries, a midcap company in the sugar industry, saw a 6.25% increase in its stock, closing at Rs 408.85. It outperformed the sector by 3.97% and is currently trading above its moving averages. The stock has shown a growth of 11.68% in the past month, indicating steady progress in the sugar industry.
Triveni Engineering and Industries, a midcap company in the sugar industry, saw a positive trend in its stock performance on June 19, 2024. The stock gained 6.25% and closed at Rs 408.85, which is 2.46% away from its 52-week high of Rs 417. This performance has been deemed as 'Hold' by MarketsMOJO.
The stock also outperformed the sector by 3.97% and showed high volatility with an intraday range of 5.95%. The day's high was Rs 408.85, while the low was Rs 375. Triveni Engineering and Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the sugar sector, Triveni Engineering and Industries has gained 2.98% in today's trading session. Its 1-day performance is 6.07%, which is significantly higher than the Sensex's performance of 0.14%. In the past month, the stock has shown a growth of 11.68%, while the Sensex has grown by 4.60%.
Triveni Engineering and Industries has been making steady progress in the sugar industry, with its stock showing positive growth and outperforming the sector. With its consistent performance and strong position in the market, the company is poised for further growth in the future.
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