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

Apr 30 2024 09:30 AM IST
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Vikram Thermo (India) Ltd, a microcap company in the chemicals industry, has been making headlines in the stock market with its recent all-time high stock price. According to MarketsMojo, the stock call for Vikram Thermo is 'Hold', indicating steady performance in the near future. The stock has outperformed the sector and has shown consecutive gains, with a 122.58% increase in the past year.

Vikram Thermo (India) Ltd, a microcap company in the chemicals industry, has been making headlines in the stock market recently. On April 30th, the company's stock price reached an all-time high, showing a promising performance in the market.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for Vikram Thermo is 'Hold'. This indicates that the company's stock is expected to perform steadily in the near future.

Currently, the stock is trading close to its 52-week high of Rs 173, with a 1.82% difference. It has also outperformed the sector by 3.8% in today's trading session. In the past two days, the stock has shown consecutive gains and has risen by 17.7%.

In today's trading, Vikram Thermo's stock touched an intraday high of Rs 170, showing a 4.1% increase. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, Vikram Thermo (India) Ltd has shown an impressive performance of 122.58%, while the Sensex has only shown a 22.29% increase. This showcases the company's strong growth potential and its ability to outperform the market.

With its consistent performance and positive outlook, Vikram Thermo (India) Ltd is definitely a company to watch out for in the chemicals industry. Investors can consider holding onto their stocks for now, as the company continues to show promising growth in the market.
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