Centrum Capital Soars 7.01%, Hits Intraday High of Rs 35.52

Centrum Capital, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has shown significant activity today, gaining 7.01% as it reached an intraday high of Rs 35.52, reflecting a 7.8% increase. This performance comes after two consecutive days of decline, marking a potential trend reversal. The stock opened the day with a gap down of 5.58%, touching a low of Rs 31.11 before rebounding. In terms of volatility, Centrum Capital experienced an intraday volatility of 5.34%, indicating a dynamic trading environment. The stock's performance today outpaced the broader market, outperforming the Sensex, which is down 0.06%. Looking at moving averages, Centrum Capital is currently positioned above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. This performance highlights the stock's resilience in a challenging market environment, as the Sensex itself is trading close to its 52-week high but has shown a slight decline today.