IIT's Stock Price Hits All-Time High, Outperforming Sector and Sensex

Sep 28 2024 09:20 AM IST
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Industrial Investment Trust (IIT) has seen a significant increase in its stock price, reaching an all-time high of Rs.299.75 on September 28, 2024. The company has been outperforming its sector by 1.89% and has been on a consecutive gain streak for the past 7 days. With a 182.78% growth in the past year, IIT showcases strong potential and growth in the market.

Industrial Investment Trust (IIT) has reached an all-time high on September 28, 2024, with its stock price hitting Rs.299.75. This microcap company in the finance/NBFC industry has been gaining momentum in the market, outperforming its sector by 1.89% today.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for IIT is 'Hold'. The company has been on a consecutive gain streak for the past 7 days, with a 14.63% increase in its stock price during this period. It is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, IIT has shown an impressive performance with a 182.78% increase in its stock price, while the Sensex has only seen a 29.42% growth. This showcases the company's strong potential and growth in the market.

As a microcap company, IIT may not be on the radar of many investors, but its recent performance and growth potential make it a company to watch out for. With its stock price reaching an all-time high, it is clear that IIT is making a mark in the finance/NBFC industry. Investors should keep an eye on this company as it continues to show promising growth in the market.
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