Centrum Capital's Stock Surges 8.45% and Outperforms Sector on September 18th, 2024

Sep 18 2024 03:35 PM IST
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Centrum Capital, a smallcap finance company, saw a surge in its stock price on September 18th, 2024, gaining 8.45% and outperforming the sector by 5.39%. The stock's moving averages are currently higher than the 5-day, 20-day, and 200-day moving averages, but lower than the 50-day and 100-day moving averages. This positive performance highlights the company's strong position in the finance/NBFC industry.


Centrum Capital, a smallcap finance company, saw a positive surge in its stock price on September 18th, 2024. The stock gained 8.45%, outperforming the sector by 5.39%. MarketsMOJO has given a 'Sell' call for Centrum Capital's stock.

On the day of the performance, the stock reached an intraday high of Rs 37.5, showing a 7.05% increase. The stock's moving averages are currently higher than the 5-day, 20-day, and 200-day moving averages, but lower than the 50-day and 100-day moving averages.

In comparison to the Sensex performance, Centrum Capital's stock outperformed with a 1-day performance of 8.45% while the Sensex showed a -0.16% performance. Over the course of 1 month, Centrum Capital's stock showed a 1.60% performance, while the Sensex showed a 3.12% performance.

This positive performance by Centrum Capital's stock showcases the company's strong position in the finance/NBFC industry. As a smallcap company, Centrum Capital has shown promising growth and potential for investors. However, it is important to note that this article is based on factual information and does not offer any recommendations or mention any potential for future growth.
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