Jindal Capital's Stock Reaches 52-Week High, Outperforms Sector and Sensex

Sep 02 2024 11:35 AM IST
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Jindal Capital, a microcap finance company, has been in the spotlight as its stock price reached a 52-week high on September 2nd, 2024. With a 10.42% increase from the previous day's closing price, the stock has outperformed the sector by 9.22% and gained 31.58% in the last two days. Despite a 'Sell' call from MarketsMojo, Jindal Capital's strong financials and impressive 116.98% increase in stock price in the last year make it a company to watch in the stock market.

Jindal Capital, a microcap finance company, has been making headlines in the stock market as its stock price reached a 52-week high on September 2nd, 2024. The stock has been performing well, outperforming the sector by 9.22% and gaining 31.58% in the last two days.

On September 2nd, the stock touched an intraday high of Rs. 50, which is a 10.42% increase from the previous day's closing price. The stock has also shown high volatility, with an intraday volatility of 5.26%, calculated from the weighted average price.

Jindal Capital's performance in the last year has been impressive, with a 116.98% increase in its stock price, compared to the Sensex's 26.37% performance. The company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

MarketsMOJO has given a 'Sell' call for Jindal Capital's stock, but the company's recent performance and strong financials may indicate otherwise. As a microcap finance company, Jindal Capital has shown promising growth and potential in the market. Investors may want to keep an eye on this company as it continues to make waves in the stock market.
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