Thakral Services (India) Ltd Hits 52-Week High, Outperforms Electric Equipment Sector
Thakral Services (India) Ltd, a microcap company in the electric equipment industry, has seen a surge in its stock price, hitting a 52-week high on May 3rd, 2024. The stock has outperformed the sector and has shown a remarkable 1-year performance of 82.55%. However, MarketsMojo has given a 'Sell' call for the stock.
Thakral Services (India) Ltd, a microcap company in the electric equipment industry, has recently hit a 52-week high on May 3rd, 2024. The stock has been on an upward trend for the past 18 days and has gained an impressive 126.41% during this period. This outperformance is reflected in the stock's current price of Rs.34.21, which is higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
Despite the recent surge, MarketsMOJO has given a 'Sell' call for Thakral Services (India) Ltd. However, it is worth noting that the stock has outperformed the electric equipment sector, which has gained 2.57% in the same period. In fact, Thakral Services (India) Ltd has shown a remarkable 1-year performance of 82.55%, compared to the Sensex's 21.84% return.
Thakral Services (India) Ltd's success can be attributed to its strong performance in the electric equipment industry. As a microcap company, it has shown impressive growth and has caught the attention of investors. However, it is important to note that this article is purely informative and does not recommend any action regarding the stock. Investors are advised to do their own research and make informed decisions.
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