First Custodian Fund(I) Achieves Record 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 an all-time high of Rs. 158 on December 30, 2024. This remarkable performance underscores the company's strong market position and resilience in a competitive landscape.
Today, the stock outperformed its sector by 4.79%, marking its fourth consecutive day of gains, during which it has recorded a notable increase of 16.18%. The stock opened with a gap up of 4.98%, reflecting positive market sentiment. Throughout the trading session, it maintained its price at Rs. 158, reaching an intraday high of the same value.

In terms of moving averages, First Custodian Fund(I) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Over the past year, the company has delivered an impressive return of 163.82%, significantly outpacing the Sensex, which has seen a return of 8.76%. This performance highlights First Custodian Fund(I)'s robust growth trajectory within the financial sector.