Tulasee Bio-Ethanol Hits All-Time High of Rs. 47.07 with 165.93% Monthly Gain

Tulasee Bio-Ethanol Ltd is currently witnessing significant buying activity, marking a notable performance in the commodity chemicals sector. The stock has recorded a 1.99% increase today, significantly outperforming the Sensex, which rose by only 0.36%. Over the past week, Tulasee Bio-Ethanol has surged by 16.94%, while the Sensex declined by 1.41%. This trend continues over longer periods, with the stock showing a remarkable 165.93% increase over the past month compared to a modest 0.24% rise in the Sensex.
The stock has been on a strong upward trajectory, gaining for 21 consecutive days and achieving a total return of 154.43% during this period. Today, it reached a new 52-week and all-time high of Rs. 47.07. The stock's performance is also reflected in its moving averages, as it is trading above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust bullish trend.

Factors contributing to this buying pressure may include positive market sentiment towards the microcap sector and the company's strong performance metrics, which have consistently outpaced the broader market indices.