Grovy India's Stock Reaches All-Time High, Outperforms Sector by 4.76%

Grovy India, a microcap finance company, has been making waves in the stock market as its price reached an all-time high on October 10, 2024. The stock, which is currently trading at Rs.205, has been gaining for the past two days and has outperformed the sector by 4.76%. Today, the stock opened with a gap up of 7.61% and touched an intraday high of Rs.205. This impressive performance can also be seen in the moving averages, with Grovy India trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, Grovy India has shown a remarkable growth of 151.13%, while the Sensex has only grown by 23.55%. This shows the strong performance and potential of the company in the finance/NBFC industry. MarketsMOJO has given a 'Sell' call for Grovy India, but the stock's recent performance and consistent gains suggest otherwise. Investors should keep an eye on this microcap company as it continues to make strides in the stock market.