Chandrima Mercantiles' Stock Reaches All-Time High, Outperforms Sector and Sensex

Oct 15 2024 10:30 AM IST
share
Share Via
Chandrima Mercantiles, a microcap finance company, has seen a surge in its stock price, reaching an all-time high on October 15, 2024. The stock has been on an upward trend for 8 days, gaining 17.04%. Despite a 'Sell' call from MarketsMojo, the company's performance has been impressive, outperforming the sector by 1.71%. With strong moving averages and a 653.17% outperformance of the Sensex in the past year, Chandrima Mercantiles is catching the attention of investors and analysts.

Chandrima Mercantiles, a microcap finance company, has been making waves in the stock market as its stock price reached an all-time high on October 15, 2024. The company's stock has been on an upward trend for the past 8 days, gaining 17.04% in that period. This outperformance has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Chandrima Mercantiles is 'Sell'. However, the company's performance today has been impressive, outperforming the sector by 1.71%. The stock also hit a new 52-week high of Rs.45.19 today.

In terms of moving averages, Chandrima Mercantiles is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong bullish trend for the stock.

Looking at the company's performance over the past year, Chandrima Mercantiles has outperformed the Sensex by a staggering 653.17%. This is a significant achievement for a microcap company in the finance industry.

While the stock may currently have a 'Sell' call, the recent performance and growth of Chandrima Mercantiles cannot be ignored. Investors and analysts will be keeping a close eye on this company as it continues to make strides in the stock market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News