Emkay Global Financial Services Ltd reaches new 52-week high, outperforms sector by 2.56%

Emkay Global Financial Services Ltd, a microcap finance company, has reached a new 52-week high on September 30, 2024. The stock has been performing well in the market, with a current price of Rs. 208.95, which is 2.96% higher than the previous day's high. This has also led to the stock outperforming the sector by 2.56%.

In the last two days, the stock has shown consecutive gains and has risen by 4.52%. However, it did touch an intraday low of Rs. 198.3, showing a slight dip of 2.29%. Emkay Global Financial Services Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, the company has shown a remarkable performance with a 140.05% increase in its stock price, while the Sensex has only seen a 29.02% growth. This showcases the strong potential of Emkay Global Financial Services Ltd in the finance/NBFC industry, despite being a microcap company.

MarketsMOJO has given a 'Hold' call for the stock, suggesting that investors should hold onto their current positions. With its impressive performance and positive market sentiment, Emkay Global Financial Services Ltd is definitely a company to watch out for in the finance industry.