Credent Global Finance Hits New 52-Week High Amid Strong Market Performance

Credent Global Finance, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a new 52-week high, with its stock price hitting Rs. 43.49 on December 26, 2024. This milestone reflects a significant performance uptick, as the stock has outperformed its sector by 8.19% today alone. Over the past three days, Credent Global Finance has demonstrated impressive momentum, achieving a remarkable 56.56% return during this period. The stock opened with a notable gain of 5.06% and reached an intraday high of Rs. 43.49, marking a 17.76% increase at its peak. The trading session has been characterized by high volatility, with an intraday fluctuation of 6.07%. Additionally, the stock is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong trend in its recent performance. Over the past year, Credent Global Finance has delivered a return of 42.09%, significantly outpacing the Sensex, which has recorded a performance of 10.49%.