Chandrima Mercantiles Achieves Record Stock Price Amid Strong Market Performance

Jan 14 2025 10:25 AM IST
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Chandrima Mercantiles has achieved a record stock price of Rs. 102.75, reflecting a strong performance in the finance and NBFC sector. The stock has risen 24.21% over the past 11 days and has outperformed its sector, showcasing significant growth of 1510.50% over the past year.
Chandrima Mercantiles has reached an all-time high stock price of Rs. 102.75, marking a significant milestone for the microcap company in the finance and non-banking financial company (NBFC) sector. This achievement comes after a consistent performance over the past 11 days, during which the stock gained 24.21%.

On the day of this record price, Chandrima Mercantiles opened with a 2% gain and maintained this momentum throughout the trading session, outperforming its sector by 0.68%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Over the past year, Chandrima Mercantiles has shown remarkable growth, with a performance increase of 1510.50%, significantly outpacing the Sensex's performance of 5.51%. This trajectory underscores the company's notable presence and resilience in the financial market.
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