Dharani Finance Ltd Surges 4.76%, Achieves 102.21% Annual Gain Amid Strong Buying Activity

Dharani Finance Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, with the stock gaining 4.76% today. This performance notably outpaces the Sensex, which has only increased by 0.70% on the same day. Over the past week, Dharani Finance has shown a remarkable 16.53% increase, again outperforming the Sensex's modest gain of 0.52%.
In the last month, the stock has surged by 34.58%, while the Sensex has risen by just 5.44%. The three-month performance of Dharani Finance stands at an impressive 57.14%, compared to the Sensex's 4.10%. Year-to-date, the stock has increased by 36.36%, significantly higher than the Sensex's 8.52%. Over the past year, Dharani Finance has delivered a staggering 102.21% return, while the Sensex has only managed 6.80%.

The stock has been on a consecutive gain streak for the last four days, contributing to a total return of 16.53% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock opened with a gap up, reaching an intraday high that reflects the robust buying momentum.