Capital India Finance Stock Reaches All-Time High, Outperforming Sector and Sensex

Oct 15 2024 09:25 AM IST
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Capital India Finance, a smallcap finance company, has seen a surge in its stock price, reaching an all-time high on October 15th, 2024. The stock has gained 75.16% in the past 7 days and is currently rated as a 'Sell' by MarketsMojo. Despite this, it has consistently outperformed its moving averages and the Sensex, showcasing its strong performance in the finance industry.

Capital India Finance, a smallcap finance company, has seen a surge in its stock price, reaching an all-time high on October 15th, 2024. The stock has been on a winning streak for the past 7 days, gaining 75.16% in this period. Today, the stock opened with a gain of 10% and touched an intraday high of Rs. 253.1, outperforming the sector by 9.57%.

According to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as a 'Sell'. However, it is worth noting that Capital India Finance is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In the past year, Capital India Finance has outperformed the Sensex, with a 96.76% return compared to the Sensex's 24.03% return. This showcases the company's strong performance and potential for growth in the finance industry.

As a smallcap company, Capital India Finance has shown impressive growth and is gaining attention from investors. However, it is important to note that this article is not making any recommendations or mentioning any potential future growth. It is simply stating the facts and figures of the company's recent performance.
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