India Shelter Finance Corporation Opens Strong with 5.84% Gain, Reaches All-Time High

India Shelter Finance Corporation has shown remarkable activity today, reflecting its strong position in the finance-housing sector. The stock opened with a notable gain of 5.84%, reaching a new 52-week and all-time high of Rs. 937.45, marking an impressive intraday increase of 8.55%. Over the past two days, the stock has consistently gained, accumulating a total return of 6.56%.
In terms of performance, India Shelter Finance Corporation has outperformed its sector, which has seen a gain of 3.9%. The stock's one-day performance stands at 6.64%, significantly surpassing the Sensex's 2.47% increase. Over the past month, the stock has delivered a return of 7.60%, closely trailing the Sensex's performance of 8.33%.

From a technical perspective, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Additionally, the stock's beta of 1.20 suggests that it tends to exhibit higher volatility compared to the market. Overall, India Shelter Finance Corporation continues to demonstrate strong momentum in the finance-housing industry.