Centrum Capital Achieves Significant Gains Amid Strong Buying Activity in NBFC Sector
Centrum Capital Ltd is experiencing notable buying activity, significantly outperforming the Sensex. The stock has shown impressive growth over various timeframes, including a 14.50% increase in the past week and a 64.53% rise over three months. It has maintained a strong upward trend, trading above key moving averages.
Centrum Capital Ltd is currently witnessing significant buying activity, marking a notable performance in the Non-Banking Financial Company (NBFC) sector. The stock has gained 3.46% today, significantly outperforming the Sensex, which has only risen by 0.38%. Over the past week, Centrum Capital has shown a robust increase of 14.50%, while the Sensex has declined by 1.37%. In the last month, the stock has surged by 24.20%, compared to a modest 1.78% increase in the Sensex. Over a three-month period, Centrum Capital has demonstrated impressive growth of 64.53%, outpacing the Sensex's 7.60% rise. Notably, the stock has been on a consecutive gain streak for the last six days, accumulating a total return of 14.7% during this period.
Today's trading saw an intraday high of Rs 40.03, reflecting a 3.46% increase, while the intraday low was Rs 37.8, marking a decline of 2.3%. Centrum Capital is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's performance relative to the Sensex and its consistent gains suggest a positive market sentiment surrounding Centrum Capital.
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