Kiran Vyapar's Stock Hits All-Time High, Outperforms Sector by 3.61%

Kiran Vyapar, a microcap finance company, has been making headlines in the stock market as its price reached an all-time high on October 3rd, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.

On October 3rd, the stock hit a new 52-week and all-time high of Rs.249.9, outperforming the sector by 3.61%. This marks a consecutive gain for the stock, which has been rising for the past 2 days and has seen a 11.81% increase in returns during this period. The stock also opened with a gain of 2.27% today and touched an intraday high of Rs.249.9.

Kiran Vyapar's performance has been consistently strong, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex's performance of 27.50%, Kiran Vyapar has shown a remarkable 58.06% growth in the past year. This further solidifies the company's position as a strong player in the finance/NBFC industry.

With its recent surge in stock price and strong performance, Kiran Vyapar is definitely a company to watch out for in the microcap segment. Investors can consider holding onto their shares for now, as per the 'Hold' call from MarketsMOJO.