Arihant Capital Markets Hits All-Time High, Outperforms Sector in Recent Trading Session

Arihant Capital Markets, a smallcap finance company, has been making waves in the stock market with its recent performance. On September 15, 2024, the company's stock price reached an all-time high, hitting Rs.108. This has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Buy' call for the stock.

In today's trading session, Arihant Capital outperformed the sector by 1.15%, showcasing its strong performance. The stock has been on a winning streak for the past three days, with a 7.36% increase in its value. It also opened with a gap up of 2.85%, indicating positive market sentiment towards the company.

The intraday high for the stock was Rs.108, a 2.86% increase from its previous close. This is a significant achievement for Arihant Capital, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the stock.

In the past year, Arihant Capital has shown an impressive performance, with a 63.04% increase in its stock price. This is significantly higher than the Sensex's performance of 22.86% in the same period. This showcases the company's strong growth potential and its ability to outperform the market.

Arihant Capital Markets is a smallcap finance company that has been gaining attention for its consistent growth and strong performance in the stock market. With its recent all-time high and positive outlook, the company is definitely one to watch out for in the finance/NBFC industry.