Gretex Corporate Services Hits New 52-Week High Amid Strong Market Performance

Dec 26 2024 09:36 AM IST
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Gretex Corporate Services has recently experienced a revision in its score, reflecting its impressive market performance. The stock reached a new 52-week high, significantly outperforming its sector and demonstrating strong gains over the past few days. Additionally, Gretex has been added to MarketsMojo's list, underscoring its positive momentum.
Gretex Corporate Services, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a new 52-week high, with its stock price hitting Rs. 624.8 on December 26, 2024. This milestone reflects a significant performance improvement, as the stock has outperformed its sector by 4.2% today alone.

Over the past two days, Gretex has shown a remarkable upward trend, achieving a return of 24.74%. The stock opened with a notable gain of 4.59% and reached an intraday high of Rs. 624.8, marking an increase of 8.73% during the trading session.

In terms of trading consistency, Gretex has exhibited erratic patterns, with no trading activity on one day out of the last 20. However, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short- to long-term performance trajectory.

Over the past year, Gretex Corporate Services has delivered an impressive return of 97.43%, significantly outpacing the Sensex, which has recorded a gain of 10.49% during the same period.
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