Arunis Abode Ltd Achieves Remarkable 853.69% Year-to-Date Surge Amid Market Decline

Arunis Abode Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, marking a notable performance against the backdrop of the Sensex. Today, the stock has gained 2.00%, while the Sensex has declined by 0.44%. Over the past week, Arunis Abode has surged by 10.38%, contrasting with a 0.71% drop in the Sensex.
In the last month, the stock has shown remarkable growth of 51.25%, significantly outperforming the Sensex, which has only increased by 0.60%. The stock's performance over three months stands at an impressive 213.62%, while the Sensex has remained nearly flat with a decline of 0.12%. Year-to-date, Arunis Abode has skyrocketed by 853.69%, compared to the Sensex's modest gain of 4.68%.

Today, the stock opened with a gap up of 2% at Rs 72.51, reaching an intraday high of the same price. Notably, Arunis Abode has been on a consecutive gain streak for the last 21 days, reflecting a robust upward trend. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum in its performance.