TTK Healthcare Opens Strong with 6.11% Gain, Outpacing Sector Performance
TTK Healthcare Ltd. has experienced notable trading activity, achieving consecutive gains over two days and outperforming its sector. The stock reached a high of Rs 1249.95, demonstrating strong momentum. While it has shown stability in price movements, its monthly performance lags behind the Sensex.
TTK Healthcare Ltd., a small-cap player in the Pharmaceuticals & Drugs industry, has shown significant activity today, opening with a gain of 6.11%. The stock's performance has outpaced its sector by 7.29%, marking a notable achievement as it has recorded consecutive gains over the past two days, accumulating a total return of 7.3% during this period.Intraday, TTK Healthcare reached a high of Rs 1249.95, reflecting strong trading momentum. The stock has been trading within a narrow range of Rs 1, indicating stability in its price movements. In terms of moving averages, TTK Healthcare is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages.
On a broader scale, TTK Healthcare's one-day performance stands at 6.03%, significantly outperforming the Sensex, which recorded a 2.49% increase. However, over the past month, TTK Healthcare has underperformed relative to the Sensex, with a return of 3.57% compared to the Sensex's 8.35%. The stock's beta of 1.35 suggests that it tends to exhibit higher volatility compared to the market.
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