Ranjit Securitie

Which are the latest news on Ranjit Securitie?

Why is Ranjit Securities Ltd falling/rising?

As of 19-Jan, Ranjit Securities Ltd's stock price has risen to Rs. 27.26, reflecting a 4.97% increase, driven by strong performance metrics and a 15-day gain streak of 106.99%. Despite a significant drop in investor participation, the stock remains above its moving averages, indicating bullish momentum.

As of 19-Jan, Ranjit Securities Ltd is experiencing a rise in its stock price, currently at Rs. 27.26, which reflects an increase of 1.29 (4.97%). This upward movement can be attributed to several factors. Firstly, the stock has shown remarkable performance over various periods, with a weekly increase of 21.43% and a monthly increase of 127.55%, significantly outperforming the benchmark Sensex, which has declined by 0.75% and 1.98% respectively during the same time frames. <BR><BR>Additionally, the stock has been on a consecutive gain streak for the last 15 days, accumulating a total return of 106.99% during this period. Today, it opened with a gap up of 4.97% and reached a new 52-week and all-time high of Rs. 27.26. Furthermore, Ranjit Securities Ltd is trading above its moving averages across various time frames, indicating strong bullish momentum.<BR><BR>However, it is important to note that there has been a significant drop in investor participation, with delivery volume falling by 95.97% against the 5-day average. Despite this decline in participation, the overall performance metrics and the stock's ability to maintain higher trading levels suggest a strong upward trend in its price.