Jindal Poly Investment & Finance Company Ltd's Stock Soars to New Highs, Outperforms Sector and Sensex
Jindal Poly Investment & Finance Company Ltd, a smallcap finance/NBFC company, saw a significant increase in its stock price on November 19, 2024. It closed at a new 52-week and all-time high of Rs.996.9, recognized by MarketsMojo with a 'Hold' call. The stock has outperformed the sector and Sensex, indicating its growth and potential in the industry.
Jindal Poly Investment & Finance Company Ltd, a smallcap company in the finance/NBFC industry, has seen a significant increase in its stock price on November 19, 2024. The stock has gained 8.24%, closing at a new 52-week and all-time high of Rs.996.9. This performance has been recognized by MarketsMOJO, who have given the stock a 'Hold' call.
According to MarketsMOJO, Jindal Poly Investment & Finance Company Ltd has been a part of their Hidden Turnaround list since November 18, 2024. The stock has also outperformed the sector by 4.93% and has been on a consecutive gain for the past two days, with a total return of 26.46% in that period. It also opened with a gain of 2% today and touched an intraday high of Rs.996.9, a 6.05% increase.
The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. In comparison to the Sensex, Jindal Poly Investment & Finance Company Ltd has outperformed with a 1-day performance of 5.88% and a 1-month performance of 26.20%, while the Sensex has only seen a 1-day performance of 1.01% and a 1-month performance of -3.82%.
Jindal Poly Investment & Finance Company Ltd's strong performance in the stock market is a reflection of its growth and potential in the finance/NBFC industry. With its stock reaching new highs and outperforming the sector and Sensex, it is definitely a company to keep an eye on.
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