Classic Leasing & Finance Reaches All-Time High, Outperforms Sector with 57.54% Gain

Nov 28 2024 09:25 AM IST
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Classic Leasing & Finance, a microcap finance company, has reached an all-time high price of Rs.48.76 on November 28, 2024. The stock has been gaining for the past 10 days, with a consecutive gain of 57.54%. It opened with a 5% gain today and has been outperforming the sector by 4.61%. The company's performance has been impressive, with a 172.40% increase in the past year. MarketsMojo has given a 'Sell' call, but the recent performance and all-time high price suggest a positive outlook for the stock.

Classic Leasing & Finance, a microcap finance company, has reached an all-time high price of Rs.48.76 on November 28, 2024. This news comes as the stock has been gaining for the past 10 days, with a consecutive gain of 57.54% in that period. The stock opened with a gain of 5% today and touched an intraday high of Rs.48.76, outperforming the sector by 4.61%.

Classic Leasing & Finance has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. In the past year, the company's performance has been impressive, with a 172.40% increase compared to the Sensex's 21.22% performance.

MarketsMOJO has given a 'Sell' call for Classic Leasing & Finance stock. However, the company's recent performance and all-time high price suggest a positive outlook for the microcap finance company. Investors should keep an eye on this stock as it continues to show strong growth potential.
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