Elixir Capital Achieves 52-Week High Amid Strong Market Performance

Elixir Capital, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 322.9 on December 24, 2024. This impressive performance marks a notable increase of 15.04% over the past four days, indicating a strong upward trend.
On the day of this achievement, Elixir Capital outperformed its sector by 1.89%, reflecting its robust market position. The stock opened with a gain of 4.38%, showcasing positive investor sentiment. Throughout the trading session, it reached an intraday high of Rs. 322.9, representing a 4.85% increase.

In terms of technical indicators, Elixir Capital is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend. Over the past year, the company has delivered an extraordinary performance, with a staggering return of 492.84%, significantly outpacing the Sensex, which recorded a growth of 10.31%. This remarkable performance underscores Elixir Capital's strong position within the financial sector.