Capital India Finance's Stock Surges to Record High, Outperforms Market by 10%

Oct 16 2024 09:35 AM IST
share
Share Via
Capital India Finance, a smallcap finance company, has seen a surge in its stock price, reaching a new 52-week and all-time high of Rs.278.4 on October 16, 2024. Despite being given a 'Sell' call by MarketsMojo, the stock has outperformed the sector by 9.67% today and has been on a winning streak for the past 8 days. It is currently trading higher than its moving averages and has outperformed the Sensex by 10.09% in just one day. While this may make it an attractive investment, it is important to conduct thorough research and seek professional advice before making any decisions.

Capital India Finance, a smallcap finance company, has been making headlines in the stock market with its recent surge in stock price. On October 16, 2024, the company's stock gained 10.0%, closing at a new 52-week and all-time high of Rs.278.4. This performance has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading stock market analysis platform, the stock of Capital India Finance has been given a 'Sell' call. However, the company's stock has outperformed the sector by 9.67% today, indicating a strong performance.

The stock has been on a winning streak for the past 8 days, with a remarkable 92.28% increase in its value during this period. It opened with a gap up of 10% today and touched an intraday high of Rs.278.4. This is a significant achievement for a smallcap company in the finance industry.

Moreover, Capital India Finance is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the overall market performance, Capital India Finance has outperformed the Sensex by 10.09% in just one day. In the past month, the company's stock has seen a remarkable increase of 104.86%, while the Sensex has only seen a decrease of 1.50%.

With such impressive numbers, Capital India Finance is definitely a company to watch out for in the finance industry. However, it is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News