Grovy India's Stock Hits All-Time High, Outperforms Sector and Sensex

Oct 24 2024 09:25 AM IST
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Grovy India, a microcap company in the finance/NBFC industry, has reached an all-time high price on October 24, 2024. The stock has been performing well, with a new 52-week high and consecutive gains in the last 2 days. However, it is currently trading lower than its moving averages and has a 'Sell' call from MarketsMojo. It has shown a significant increase in the last year, outperforming the Sensex. It is important to conduct personal research and seek professional advice before making any investment decisions.

Grovy India, a microcap company in the finance/NBFC industry, has recently reached an all-time high price on October 24, 2024. According to MarketsMOJO, the stock call for Grovy India is currently 'Sell'.

The stock has been performing well, with a new 52-week high of Rs.77 being hit today. It has also outperformed the sector by 4.71% and has been on a consecutive gain for the last 2 days, with a 10.08% increase in returns during this period. Additionally, the stock opened with a gain of 4.9% today and reached an intraday high of Rs.77.

However, it is worth noting that the stock has been trading in a narrow range of Rs.0.3 and is currently lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Grovy India has shown a significant increase of 248.02% in the last year, while the Sensex has only seen a 24.14% increase during the same period.

It is important to keep in mind that this information is based on facts and data, and does not include any external sources or recommendations. As always, it is advisable to do your own research and consult with a financial advisor before making any investment decisions.
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