Symphony Ltd. Shines in Domestic Appliances Industry with Strong Performance

Aug 27 2024 09:45 AM IST
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Symphony Ltd. has been a top performer in the domestic appliances industry, with its stock gaining 5.16% on August 27, 2024 and consistently outperforming the sector. Recognized by MarketsMojo with a 'Strong Buy' rating, the company's moving averages and 1-day performance also reflect its impressive growth.


Symphony Ltd. Continues to Outperform in the Domestic Appliances Industry

Symphony Ltd., a midcap company in the domestic appliances industry, has been making waves in the stock market with its recent performance. On August 27, 2024, the company's stock gained 5.16%, outperforming the sector by 2.09%. This positive trend has been recognized by MarketsMOJO, which has given the stock a 'Strong Buy' rating.

In fact, Symphony Ltd. has been a reliable performer on MarketsMOJO since August 9, 2024, and has been a part of the MOJO Stocks list since May 8, 2024. This is a testament to the company's consistent growth and strong performance in the market.

The stock's price summary also reflects its impressive performance. It has gained after 5 days of consecutive fall and touched an intraday high of Rs 1658, a 2.86% increase. Additionally, Symphony Ltd.'s moving averages are higher than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In comparison to the Sensex, Symphony Ltd. has outperformed with a 1-day performance of 5.14% while the Sensex's performance was -0.06%. Over the past month, Symphony Ltd. has also outperformed the Sensex with a 45.78% increase compared to the Sensex's 0.39% increase.

With its consistent growth and strong performance, Symphony Ltd. continues to be a top performer in the domestic appliances industry. Investors can look forward to a promising future with this midcap company.
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