Triveni Engineering Hits All-Time High Amid Strong Market Performance
Triveni Engineering and Industries has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong market performance. The stock reached a new all-time high, outperforming its sector and demonstrating consistent upward momentum, with significant gains over the past month and days.
Triveni Engineering and Industries has demonstrated notable performance in the sugar industry, with its stock price rising by 6.68% on December 30, 2024. The company reached a new 52-week and all-time high of Rs. 536, marking a significant milestone in its market journey. In today's trading session, Triveni outperformed its sector by 5.14%, reflecting its strong market position. The stock has shown consistent gains over the past two days, accumulating a total return of 6.77% during this period. Intraday trading saw the stock peak at Rs. 536, representing a 7.35% increase.
Triveni Engineering and Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Over the past month, the company has achieved an impressive 30.88% increase, contrasting sharply with the Sensex, which has declined by 1.65%. This performance highlights Triveni's resilience and strength within the midcap segment of the sugar industry.
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