First Custodian Fund(I) Achieves 52-Week High Amid Strong Market Performance

First Custodian Fund(I), a microcap player in the finance and non-banking financial company (NBFC) sector, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 158 on December 30, 2024. This impressive performance comes as the stock has outperformed its sector by 4.79% today, reflecting a strong market position.
Over the past four days, First Custodian Fund(I) has demonstrated consistent growth, accumulating returns of 16.18%. The stock opened with a notable gain of 4.98% today, maintaining its price at Rs. 158 throughout the trading session. Additionally, it reached an intraday high of Rs. 158, indicating robust trading activity.

In terms of technical indicators, First Custodian Fund(I) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement. Over the past year, the company has delivered an impressive return of 163.82%, significantly outpacing the Sensex, which recorded a performance of 8.73%. This strong performance underscores the company's competitive position within the finance sector.