Tamil Nadu Petro Products Hits 52-Week High, Outperforms Sector and Sensex

Tamil Nadu Petro Products Ltd, a smallcap company in the petrochemical industry, has recently hit a 52-week high on February 7th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The stock price of Tamil Nadu Petro Products reached a high of Rs. 113.85, outperforming the sector by 0.32%. It has also shown a consecutive gain for the last 4 days, with a 9.98% increase in returns during this period. The intraday high for the stock was Rs. 113.85, showing a 2.66% increase.

Moreover, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In terms of performance, Tamil Nadu Petro Products has outperformed the Sensex with a 1-year return of 33.23%, compared to the Sensex's 20.13% return. This showcases the company's strong performance and potential for growth in the petrochemical industry.

Investors and experts are closely watching the performance of Tamil Nadu Petro Products, as it continues to make strides in the market. With its recent 52-week high and positive performance, the company is definitely one to keep an eye on.