Tulasee Bio-Ethanol Hits New 52-Week High of Rs. 59.62
Tulasee Bio-Ethanol has reached a significant milestone by hitting a new 52-week high of Rs. 59.62 today, marking a notable achievement for the microcap company in the commodity chemicals industry. This surge in price reflects a remarkable performance, as the stock has outperformed its sector by 1.59%. Over the past 21 days, Tulasee Bio-Ethanol has demonstrated impressive growth, with returns soaring by 79.9%.The stock opened at its new high and has maintained this price throughout the trading session. Additionally, Tulasee Bio-Ethanol is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
In the broader market context, the Sensex has also reached a new 52-week high of 84,431.19, reflecting a positive sentiment among investors. The overall market has shown resilience, with mid-cap stocks leading the way. Tulasee Bio-Ethanol's performance over the past year has been particularly noteworthy, with a staggering increase of 247.84%, significantly outpacing the Sensex's 3.96% gain during the same period.
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