Arihant Capital Markets Ltd. Stock Reaches All-Time High, Shows Strong Performance

Arihant Capital Markets, a smallcap finance company, has recently made headlines as its stock price reached an all-time high on October 17, 2024. This positive trend has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.
The stock is currently trading at a price that is only 2.15% away from its 52-week high of Rs 123.5. This shows a strong performance by the company, as it has outperformed the sector by 0.77% today. In fact, the stock has been on a consecutive gain for the last 2 days and has seen a rise of 2.68% during this period.

On October 17, the stock touched an intraday high of Rs 122.05, which is a 2.09% increase from its previous close. The stock has also shown high volatility today, with an intraday volatility of 72.41% calculated from the weighted average price. This indicates a strong interest and activity in the stock.

Moreover, Arihant Capital is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the positive trend and performance of the company.

In the past year, Arihant Capital Markets Ltd has shown a remarkable growth of 78.20%, while the Sensex has only seen a 22.79% increase. This shows the strong potential and performance of the company in the finance/NBFC industry, despite being a smallcap company.

Overall, Arihant Capital Markets Ltd has shown a strong and positive performance, making it a promising investment option for investors. With its recent all-time high and a 'Buy' call from MarketsMOJO, the company is definitely one to watch out for in the finance/NBFC industry.