Chandrima Mercantiles Experiences Revision in Its Score Amid Strong Annual Performance and Milestone Achievements

Chandrima Mercantiles, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently garnered attention following an adjustment in its evaluation. The stock has reached a notable milestone, hitting a 52-week high of Rs. 94.97 on January 8, 2025, and has demonstrated strong performance by outperforming its sector by 2.66% today.
Over the past week, Chandrima Mercantiles has shown consistent gains, accumulating a total return of 14.81%. The stock opened with a 2% gain today and maintained its price at Rs. 94.97 throughout the trading session. Its ability to trade above key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—indicates a positive trend in its performance.

In terms of annual performance, Chandrima Mercantiles has achieved an impressive 1354.36% increase over the past year, significantly outpacing the Sensex, which recorded a growth of 9.02% during the same period. This remarkable performance has led to the stock being added to MarketsMOJO's list, further highlighting its robust position within the market and attracting attention from investors and market observers alike.