IIFL Securities Hits 52-Week High, Continues to Outperform Market with Impressive Growth

IIFL Securities, a leading finance and NBFC company, has recently hit a 52-week high on October 18, 2024. This comes as no surprise as the stock has been performing exceptionally well in the market. In fact, MarketsMOJO has given a 'Buy' call for the stock and it has been a part of their list of Reliable Performers since January 23, 2024.

The stock has been on a consecutive gain for the last 4 days and has seen a rise of 10.09% in this period. Today, it has outperformed the sector by 1.59%, reaching an intraday high of Rs. 448.6. However, it also touched an intraday low of Rs. 415.65, showing a volatile yet positive trend.

IIFL Securities is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong and consistent performance. In the past year, the stock has shown an impressive growth of 314.17%, outperforming the Sensex's performance of 23.30%.

With such a strong performance and consistent growth, IIFL Securities is definitely a stock to watch out for in the finance and NBFC industry. Investors can consider adding it to their portfolio for potential long-term gains.