Timex Group India Hits 52-Week High, Outperforms Sector with Strong Performance
Timex Group India, a smallcap company in the lifestyle industry, reached a new 52-week high on November 22, 2024, with a 'Hold' call from MarketsMojo. The stock has been consistently outperforming the sector, with a 20.51% increase in the past year. It is currently trading above all its moving averages, indicating a positive trend and potential for future growth.
Timex Group India, a smallcap company in the lifestyle industry, has recently hit a 52-week high on November 22, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.
On November 22, the stock reached a new all-time high of Rs. 217.8, outperforming the sector by 4.41%. It has also been on a consecutive gain for the last two days, with a 8.12% increase in returns during this period. The stock opened with a gain of 2.88% today and touched an intraday high of Rs. 217.8, a 4.71% increase.
Timex Group India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
In the past year, Timex Group India has shown a strong performance of 20.51%, outperforming the Sensex's performance of 18.03%. This showcases the company's potential for growth and success in the lifestyle industry.
Investors can consider holding onto their Timex Group India stocks, as the company continues to show promising performance and potential for future growth. With a 'Hold' call from MarketsMOJO and a strong 52-week high, Timex Group India is definitely a stock to watch out for in the smallcap segment of the market.
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