Thangamayil Jewellery has achieved a remarkable milestone in the stock market, reaching an all-time high on October 9th, reflecting its robust growth potential. As reported by MarketsMOJO, the stock is currently rated as a ‘Buy,’ trading near its 52-week peak of Rs 2524.95, just 1% off. In today’s trading, the stock outperformed its sector by 5.4%, continuing a two-day winning streak that has seen a return of 10.74%.
The stock peaked at an intraday high of Rs 2520, marking a substantial 7.23% increase. It remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past year, Thangamayil Jewellery’s stock has significantly outperformed the Sensex, delivering a return of 90.34% compared to the index’s 25.53%. With a consistent performance and optimistic outlook, Thangamayil Jewellery stands out as a promising investment opportunity in the diamond and gold jewellery sector.
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