Ashika Credit Capital's Stock Hits All-Time High, Outperforms Sector by 1.46%

Ashika Credit Capital, a smallcap finance company, has recently seen a surge in its stock price, reaching an all-time high on November 6th, 2024. The stock has been performing well in the market, with a 'Hold' recommendation from MarketsMOJO.

On November 6th, the stock hit a new 52-week and all-time high of Rs.611.5, outperforming the sector by 1.46%. This marks a consecutive gain for the company, as it has been rising for the past 21 days and has seen a 50.39% increase in returns during this period. The stock opened at 611.5 and has maintained this price since then.

Ashika Credit Capital is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company has shown a remarkable performance, with a 1295.80% increase in its stock price, while the Sensex has only seen a 23.15% growth.

As a smallcap finance company, Ashika Credit Capital has shown promising growth and potential in the market. With its recent surge in stock price and positive performance, it is definitely a company to keep an eye on in the finance industry.