Equitas Small Finance Bank Hits Day High with Strong 7.07% Intraday Surge
Equitas Small Finance Bank has experienced notable gains, outperforming its sector and reaching an intraday high after a series of declines. The stock's performance indicates a potential trend reversal, while its positioning relative to various moving averages reflects a mixed short-term outlook amid broader market recovery.
Equitas Small Finance Bank has shown significant activity today, gaining 7.07% and outperforming its sector by 6.65%. The stock reached an intraday high of Rs 61.13, marking a 7.3% increase during the trading session. This uptick comes after a three-day period of consecutive declines, indicating a potential trend reversal.In terms of moving averages, Equitas Small Finance Bank is currently positioned higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This performance reflects a mixed short-term outlook while highlighting its recent recovery.
The broader market context shows the Sensex recovering from an initial dip, currently trading at 83,978.49, up 0.05%. Small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.71%. Over the past week, Equitas Small Finance Bank has increased by 2.43%, contrasting with the Sensex's decline of 0.94%. Despite a challenging year-to-date performance of -4.93%, the bank's recent gains suggest a noteworthy shift in its trading dynamics.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
