Elixir Capital Achieves All-Time High Amid Strong Market Performance

Dec 29 2024 09:20 AM IST
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Elixir Capital has recently been added to MarketsMojo's list following a revision in its score, reflecting the company's impressive market performance. The stock reached an all-time high, significantly outperforming its sector and demonstrating a robust upward trend across various moving averages. Its remarkable annual return further underscores its strong market position.
Elixir Capital, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently achieved a significant milestone by reaching an all-time high of Rs. 351.05 on December 29, 2024. This remarkable performance reflects a strong upward trend, with the stock outperforming its sector by 4.94% today.

The stock has demonstrated impressive momentum, gaining for six consecutive days and delivering a substantial 28.61% return during this period. It opened with a notable gain of 4.79% and reached an intraday high of Rs. 351.05, marking a 4.81% 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 robust performance relative to its historical price trends. Over the past year, the company has achieved an extraordinary return of 540.72%, significantly outpacing the Sensex, which has recorded a mere 9.25% increase during the same timeframe. This performance underscores Elixir Capital's strong position within the financial sector.
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