Daulat Securities Surges to All-Time High, Outperforming Sector and Sensex

Daulat Securities, a microcap finance company, has seen a surge in its stock price, reaching an all-time high on May 3rd, 2024. The stock, which is currently trading at Rs.66.02, has been gaining for the past five days and has risen by an impressive 82.88% during this period. This has outperformed the sector by 8.27%, making it a top performer in the market.

The stock opened with a gain of 10% today, touching an intraday high of Rs.66.02. It has been consistently trading at this price, indicating a strong demand for the stock. Daulat Securities has also been performing well in comparison to its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Daulat Securities has shown a remarkable growth of 190.45%, outshining the Sensex performance of 22.68%. This showcases the company's strong financials and its ability to deliver consistent returns to its investors.

MarketsMOJO has given a 'Hold' call for Daulat Securities, indicating that the stock is expected to maintain its current performance. This news comes as a positive sign for investors, as the company continues to show promising growth in the finance/NBFC industry.

With its impressive performance and strong financials, Daulat Securities is definitely a stock to watch out for in the microcap segment.