Jhaveri Credits & Capital Ltd's Stock Hits 52-Week High, Outperforms Sector by 1.49%

Jhaveri Credits & Capital Ltd, a microcap finance company, has seen a surge in its stock price, hitting a 52-week high on March 2nd, 2024. The stock has been on a winning streak for the past 12 days, outperforming the sector by 1.49%. The stock opened at Rs. 527.3 and has since maintained this price.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Jhaveri Credits & Capital is 'Hold'. The company's stock has shown an impressive performance in the past year, with a 1300.90% increase, while the Sensex has only seen a 24.32% growth.

Jhaveri Credits & Capital Ltd operates in the finance and non-banking financial sector, catering to the needs of microcap businesses. The company's consistent growth and strong financials have contributed to its stock's success. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

Investors and experts are closely watching the company's performance, as it continues to make strides in the finance industry. With its impressive track record and strong market position, Jhaveri Credits & Capital Ltd is definitely a company to keep an eye on.