Elixir Capital Achieves All-Time High Amidst 540.72% Annual Surge

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 28, 2024. This impressive performance marks a notable increase of 28.61% over the past six days, during which the stock has consistently gained ground.
On the day of this achievement, Elixir Capital outperformed its sector by 4.94%, reflecting strong market momentum. The stock opened with a gap up of 4.79%, indicating robust buying interest. Throughout the trading session, it reached an intraday high of Rs. 351.05, representing a 4.81% increase from the previous close.

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 has delivered an extraordinary performance, with a remarkable return of 540.72%, significantly outpacing the Sensex, which recorded a gain of only 9.25%.