Arihant Capital Markets Sees Revision in Stock Evaluation Amid Strong Performance Metrics

Jan 01 2025 09:50 AM IST
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Arihant Capital Markets has recently undergone a revision in its score, reflecting its strong performance in the finance and NBFC sector. The stock has been added to MarketsMojo's list, showcasing its resilience with notable gains and a bullish trend across various moving averages, despite some volatility in trading.
Arihant Capital Markets, a small-cap player in the finance and non-banking financial company (NBFC) sector, has recently experienced notable movements in its stock evaluation. The company has shown a robust performance, gaining 7.4% on January 1, 2025, and outperforming its sector by 8.31%. This upward trend marks a consecutive gain over the last two days, with returns of 8.66% during this period.

The stock opened with a gain of 2.29% today and reached an intraday high of Rs 108.9, reflecting a significant increase of 10.78%. Despite the day's high volatility, with an intraday fluctuation of 5.12%, Arihant Capital Markets has maintained a position above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In light of these developments, the stock has been added to MarketsMOJO's list, indicating a revision in its score. Investors and market watchers will be keen to observe how these changes impact the company's standing in the competitive finance sector.
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