Authum Investment & Infrastructure Shows Resilience Amid Market Fluctuations
Authum Investment & Infrastructure saw a significant gain on January 16, 2025, following a consistent upward trend. Despite an initial loss, the stock reached an intraday high and outperformed its sector. Over the past month, it has shown modest gains compared to a decline in the broader market.
Authum Investment & Infrastructure, a prominent player in the finance and non-banking financial company (NBFC) sector, experienced a notable gain of 3.74% on January 16, 2025. The stock has demonstrated a consistent upward trend, achieving a total return of 4.49% over the past two days. Despite an initial loss of 2.89% at the start of the day, it reached an intraday high of Rs 1810, reflecting a 2.61% increase, while the day's low was recorded at Rs 1671.95, marking a decline of 5.22%.In terms of performance metrics, Authum Investment & Infrastructure outperformed its sector by 0.66% on this day. Over the past month, the stock has gained 0.34%, contrasting with the Sensex, which saw a decline of 5.81%. The stock's moving averages indicate that it is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average.
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