Dhanlaxmi Cotex Achieves 52-Week High Amid Strong Small-Cap Market Performance

Dhanlaxmi Cotex, a microcap player in the finance/NBFC sector, has captured attention today as its stock price reached a new 52-week high of Rs. 340.05. This milestone, achieved on March 12, 2025, marks a significant performance indicator for the company, which has seen a remarkable 179.76% increase over the past 21 days.
Today, the stock opened with a gain of 4.99% and has consistently traded at this price level throughout the day. Notably, Dhanlaxmi Cotex has outperformed its sector by 4.78%, showcasing its strong market position. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

In the broader market context, the Sensex opened higher at 74,270.81 but is currently trading slightly lower at 74,110.11. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.52%. Over the past year, Dhanlaxmi Cotex has delivered an impressive return of 392.83%, significantly outpacing the Sensex's modest gain of 0.62%. The stock's 52-week low stands at Rs. 58.11, highlighting its substantial growth trajectory.