Elixir Capital Achieves All-Time High with 490.50% Annual Return

Elixir Capital, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a significant milestone by hitting a new 52-week high of Rs. 332 on December 26, 2024. This achievement underscores the company's robust performance, particularly as it has outperformed its sector by 3.3% today.
The stock has demonstrated impressive momentum, gaining consecutively over the past five days and delivering a remarkable 20.9% return during this period. Opening with a gain of 2.16%, Elixir Capital reached an intraday high of Rs. 332, reflecting a 4.04% increase for the day.

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 upward trend. Over the past year, the company's stock has surged by an impressive 490.50%, significantly outpacing the Sensex, which recorded a gain of 10.49%. This performance highlights Elixir Capital's strong position within the financial sector.