Bridge Securities Achieves Record High Stock Price Amid Strong Annual Growth

Bridge Securities, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently achieved a significant milestone, reaching an all-time high price of Rs. 11.1 on December 30, 2024. This surge reflects a robust performance, with the stock outperforming its sector by 4.53% on the same day. Over the past six days, Bridge Securities has demonstrated impressive momentum, recording a cumulative gain of 24.16%. The stock is currently trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. In terms of annual performance, Bridge Securities has shown remarkable growth, boasting a staggering 585.02% increase over the past year. In contrast, the benchmark Sensex has only risen by 8.82% during the same period. This substantial difference highlights Bridge Securities' strong market position and performance within the finance industry.