TVS Srichakra Hits New 52-Week High of Rs. 4,430.5
TVS Srichakra has achieved a new 52-week high, reflecting a strong performance with a four-day consecutive gain. The stock has outperformed its sector and is trading above key moving averages, indicating a robust upward trend. Over the past year, it has delivered significant returns compared to the broader market.
TVS Srichakra, a small-cap player in the Tyres & Rubber Products industry, has reached a significant milestone by hitting a new 52-week high of Rs. 4430.5 today. This achievement marks a notable increase of 2.17% from its previous close, contributing to a four-day consecutive gain of 8.03%. The stock has outperformed its sector by 1.51%, showcasing its strong market position. Additionally, TVS Srichakra is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend in its performance metrics.
In the broader market context, the Sensex opened positively, trading at 84,722.13, just 0.67% shy of its own 52-week high. The BSE Small Cap index is also performing well, gaining 0.52% today, further highlighting the strength of small-cap stocks like TVS Srichakra. Over the past year, TVS Srichakra has delivered a commendable return of 23.68%, significantly outperforming the Sensex, which has risen by 9.21% during the same period.
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