Vikram Thermo (India) Ltd's Stock Hits All-Time High, Outperforms Sensex by 197.29%
Vikram Thermo (India) Ltd, a microcap company in the chemicals industry, has been making waves in the stock market with its recent performance. On May 2nd, the company's stock price reached an all-time high, hitting Rs. 210. This has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.
The stock has been on a consecutive gain for the last 3 days, with a remarkable 45.48% increase in returns during this period. Today, the stock opened with a gap up of 7.17% and touched an intraday high of Rs. 210. What's even more impressive is that the stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, Vikram Thermo (India) Ltd has outperformed the Sensex by a whopping 197.29%, while the Sensex itself has only seen a 21.60% increase. This showcases the company's strong performance and potential for growth in the future.
Vikram Thermo (India) Ltd's success can be attributed to its strong presence in the chemicals industry and its commitment to delivering quality products. With its stock price at an all-time high and a 'Buy' call from MarketsMOJO, it is definitely a company to watch out for in the stock market.
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