Anupam Finserv Sees Strong Buying Activity Amid Price Recovery and Milestone Gains

Anupam Finserv Ltd is witnessing significant buying activity today, with the stock rising by 3.64%, notably outperforming the Sensex, which has only increased by 0.23%. This uptick comes after a challenging week for the microcap non-banking financial company, which saw a decline of 11.63%. However, the stock has shown resilience over the past month, gaining 10.14%, compared to the Sensex's 2.88% increase.
Today's performance marks a trend reversal for Anupam Finserv, as it has gained after six consecutive days of decline. The stock's price summary indicates an open gap up, with intraday movements reflecting strong buyer interest. Currently, Anupam Finserv's price is above its 100-day and 200-day moving averages, although it remains below its 5-day, 20-day, and 50-day moving averages.

Over the longer term, Anupam Finserv has demonstrated robust performance, with a 44.30% increase over the past three months and a remarkable 307.29% rise over the last decade, significantly outpacing the Sensex's 199.06% growth during the same period. This sustained performance may be contributing to the current buying pressure.