Arunis Abode Achieves 52-Week High Amid Broader Market Decline

Aug 22 2025 10:41 AM IST
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Arunis Abode, a microcap in the NBFC sector, reached a new 52-week high of Rs. 623.4 on August 22, 2025, following a notable 19.44% increase over nine days. The company has outperformed its sector and is trading above all key moving averages, contrasting sharply with the broader market's decline.
Arunis Abode, a microcap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today as its stock price reached a new 52-week high of Rs. 623.4. This milestone was achieved on August 22, 2025, marking a significant performance uptick for the company. Over the past nine days, Arunis Abode has demonstrated a robust upward trend, with a remarkable 19.44% increase in returns during this period.

Today, the stock opened with a 2% gain and has maintained its trading price at Rs. 623.4 throughout the day. Notably, it has outperformed its sector by 2.05%, indicating strong relative strength in a challenging market environment. In terms of moving averages, Arunis Abode is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive short- to long-term trend.

In contrast, the broader market has faced headwinds, with the Sensex declining by 464.48 points to 81,487.00, reflecting a negative sentiment after a flat opening. Despite this, Arunis Abode's impressive one-year performance of 1410.91% stands in stark contrast to the Sensex's modest gain of 0.51%.
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