Angel One's Stock Hits 52-Week High, Outperforms Sector and Sensex

Jan 05 2024 03:35 PM IST
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Angel One, a leading finance and NBFC company, has reached a new milestone with its stock price hitting a 52-week high on January 5th, 2024. The stock has been performing exceptionally well, outperforming the sector by 4.11% and gaining 7.55% in the last two days alone. This positive development has been noted by MarketsMojo, who have given a 'Buy' call for the stock. Angel One's consistent growth and positive market sentiment make it a stock to watch out for.

Angel One, a leading finance and non-banking financial company (NBFC), has recently hit a new milestone with its stock price reaching a 52-week high on January 5th, 2024. This positive development has been noted by MarketsMOJO, who have given a 'Buy' call for the stock.

The stock has been performing exceptionally well, outperforming the sector by 4.11% and gaining 7.55% in the last two days alone. Today, it reached an intraday high of Rs 3770, a 5.06% increase from the previous day. This is a significant achievement for Angel One, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Angel One has shown a remarkable performance with a 185.19% increase, while the Sensex has only seen a 19.34% growth. This further solidifies Angel One's position as a top player in the finance and NBFC industry.

With its consistent growth and positive market sentiment, Angel One is definitely a stock to watch out for. Investors can take advantage of this opportunity and consider adding Angel One to their portfolio. As always, it is important to do thorough research and consult with a financial advisor before making any investment decisions.
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