First Custodian Fund(I) Ltd's Stock Reaches All-Time High, Outperforms Sector by 5.43%

Jun 22 2024 09:20 AM IST
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First Custodian Fund(I) Ltd, a microcap finance company, has been gaining attention in the stock market with its share price reaching an all-time high on June 22, 2024. The stock has been performing exceptionally well, outperforming the sector by 5.43% and trading higher than its moving averages. With a 1-year return of 273.64%, it is a promising investment option.

First Custodian Fund(I) Ltd, a microcap finance company, has been making waves in the stock market as its share price reached an all-time high on June 22, 2024. The stock, which is listed under the finance/NBFC industry, has been performing exceptionally well in the past few days, gaining for 11 consecutive days and rising by 70.98% in that period.

On June 22, the stock opened with a gain of 5% and touched an intraday high of Rs 134.51, which is also its new 52-week high. This performance has outperformed the sector by 5.43%, making it a promising investment option for investors.

In addition, First Custodian Fund(I) Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its stock price.

In terms of overall performance, First Custodian Fund(I) Ltd has shown an impressive 1-year return of 273.64%, while the Sensex has only seen a 21.55% increase in the same period. This further solidifies the company's position as a top performer in the market.

With its consistent growth and strong performance, First Custodian Fund(I) Ltd is definitely a stock to watch out for in the finance/NBFC industry. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.
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