TVS Srichakra Hits New 52-Week High at Rs. 4277.55
TVS Srichakra has achieved a new 52-week high, reflecting strong performance in the Tyres & Rubber Products industry. The stock has shown resilience, rebounding from an intraday low and consistently outperforming its sector. Over the past year, it has delivered notable returns, highlighting its robust market position.
TVS Srichakra has reached a significant milestone by hitting a new 52-week high of Rs. 4277.55 today, marking a notable achievement in the Tyres & Rubber Products industry. This small-cap stock has demonstrated strong performance, outperforming its sector by 2.47%. Over the past three days, TVS Srichakra has shown a consistent upward trend, accumulating a total return of 4.3%.Despite opening the day with a loss of 5.93%, the stock rebounded to achieve this new high, indicating resilience in its performance. The intraday low was recorded at Rs. 3955.05, but the stock's ability to recover highlights its strength in the current market environment.
In terms of moving averages, TVS Srichakra is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trajectory. Over the past year, the stock has delivered a return of 19.80%, significantly outperforming the Sensex, which has gained 8.52% during the same period. This performance underscores TVS Srichakra's solid position within the market.
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