Vikram Thermo (India) Ltd's Stock Hits All-Time High, Outperforms Sector and Sensex

May 01 2024 09:20 AM IST
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Vikram Thermo (India) Ltd, a leading chemicals company, has been gaining momentum in the stock market. Its stock price reached an all-time high of Rs.195.95 on May 1st, outperforming the sector by 19.37%. The company has also shown consecutive gains and high volatility, but remains strong with positive returns and a 151.38% increase in the past year compared to the Sensex. With a 'Buy' call from MarketsMojo and a strong market position, Vikram Thermo (India) Ltd is a promising player in the industry.

Vikram Thermo (India) Ltd, a leading player in the chemicals industry, has been making waves in the stock market with its recent performance. On May 1st, the company's stock price reached an all-time high, hitting Rs.195.95. This has been a significant milestone for the microcap company, which has been gaining momentum in the market.

MarketsMOJO, a renowned stock analysis platform, has given a 'Buy' call for Vikram Thermo (India) Ltd. This is a testament to the company's strong performance and potential for growth. In fact, the stock has outperformed the sector by 19.37% today, showcasing its strength in the market.

The stock has been on a consecutive gain for the last 2 days, with a remarkable 35.75% increase in returns during this period. This is a clear indication of the company's positive trajectory and investor confidence in its future prospects.

Vikram Thermo (India) Ltd has also shown high volatility today, with an intraday volatility of 8.27%. However, this has not affected its performance, as the stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further solidifies the company's strong position in the market.

In the past year, Vikram Thermo (India) Ltd has outperformed the Sensex by a significant margin, with a 151.38% increase in its stock price compared to the Sensex's 21.88% performance. This is a remarkable achievement for the company and showcases its potential for growth and success in the future.

Overall, Vikram Thermo (India) Ltd's recent performance and market position make it a promising player in the chemicals industry. With its strong track record and positive outlook, the company is definitely one to watch out for in the stock market.
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