Aavas Financiers' Stock Surges 5.63%, Outperforms Sector and Sensex

Aavas Financiers Ltd., a midcap finance company specializing in housing loans, has been making waves in the stock market with its recent performance. On June 6th, the company's stock gained 5.63%, outperforming the sector by 4.68%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock opened with a gain of 2% and reached an intraday high of Rs 1656, showing a high volatility of 7.56%. This is a significant increase from the previous day's closing price and indicates a strong upward trend. Aavas Financiers has been gaining for the last 2 days, with a total return of 7.41% in this period.

Moreover, the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. The finance-housing sector has also seen a gain of 3.02%, further highlighting the positive sentiment in the industry.

In comparison to the overall market performance, Aavas Financiers has outperformed the Sensex by a significant margin. Its 1-day performance is 5.93% compared to the Sensex's 0.30%, and its 1-month performance is 5.21% compared to the Sensex's 0.96%.

With such strong performance and a 'Buy' call from MarketsMOJO, Aavas Financiers is definitely a stock to watch out for in the finance-housing sector. Investors can expect continued growth and positive returns from this midcap company in the near future.