LFIC's Stock Reaches All-Time High, Outperforms Sector by 15.62%

Oct 02 2024 09:20 AM IST
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Lakshmi Finance & Industrial Corporation (LFIC) has been making headlines in the finance industry with its impressive performance. On October 2nd, 2024, the company's stock price reached an all-time high of Rs. 372, outperforming the sector by 15.62%. With a positive trend in moving averages and a growth of 165.89% in the past year, LFIC is a microcap company to watch in the finance/NBFC industry.

Lakshmi Finance & Industrial Corporation (LFIC) has been making waves in the finance industry with its impressive performance. On October 2nd, 2024, the company's stock price reached an all-time high of Rs. 372, which is a significant milestone for the microcap company.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for LFIC is 'Hold'. This indicates that the stock is expected to perform steadily in the near future.

In terms of price performance, LFIC has outperformed the sector by 15.62% today, with its stock price hitting a new 52-week high. The company's moving averages also show a positive trend, with the stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Looking at the company's performance over the past year, LFIC has shown a remarkable growth of 165.89%, while the Sensex has only grown by 28.01%. This further highlights the company's strong performance and potential for growth in the finance industry.

LFIC is a microcap company that has been gaining attention from investors and analysts alike. With its consistent growth and impressive stock performance, the company is definitely one to watch in the finance/NBFC industry.
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