Viceroy Hotels Hits 52-Week High, Outperforms Sector and Sensex

Jun 06 2024 10:05 AM IST
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Viceroy Hotels, a microcap company in the hotel industry, has reached a 52-week high on June 6th, 2024, gaining 21.52% in the last 4 days. Despite some erratic trading patterns, the stock has consistently traded above its moving averages, indicating a positive trend. Compared to the Sensex, Viceroy has shown impressive growth potential of 2901.32%.

Viceroy Hotels, a microcap company in the hotel industry, has recently hit a 52-week high on June 6th, 2024. This has caught the attention of investors and analysts, with MarketsMOJO giving a "Sell" call for the stock.

The stock has been performing well, outperforming the sector by 3.91% and gaining 21.52% in the last 4 days. However, there have been some erratic trading patterns, with the stock not trading for 2 days out of the last 20. Today, the stock opened with a gain of 4.99% and touched an intraday high of Rs 90.64.

It is worth noting that the stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In comparison to the Sensex, Viceroy Hotels has shown an impressive 1-year performance of 2901.32%, while the Sensex has only grown by 19.03%. This showcases the strong growth potential of the company in the hotel industry.

Investors and analysts will continue to monitor the performance of Viceroy Hotels, as it continues to make strides in the market. However, it is important to note that this is not a recommendation to buy or sell the stock, as it is based on factual information and not influenced by any external sources.
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