Mangalam Industrial Finance Surges, Outperforms Sector and Market in Impressive Stock Performance

Jan 15 2024 09:36 AM IST
share
Share Via
Mangalam Industrial Finance, a microcap finance company, has seen a surge in its stock price, hitting a 52-week high and outperforming its sector by 4.68%. Despite a 'Sell' rating from MarketsMojo, the company's stock has shown impressive growth in the past year and is currently trading above its moving averages, indicating a positive trend. Its potential for growth in the finance/NBFC industry makes it a company worth monitoring.


Mangalam Industrial Finance, a microcap finance company, has recently seen a surge in its stock price, hitting a 52-week high on January 15, 2024. The stock has been performing well in the market, outperforming its sector by 4.68% and gaining 25.87% in the last 5 days alone.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Mangalam Industrial Finance is 'Sell'. However, the company's performance in the past year has been impressive, with a 41.36% increase in its stock price compared to the Sensex's 21.60% performance.

The company's 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 the market. This could be attributed to the company's strong financials and growth potential in the finance/NBFC industry.

Mangalam Industrial Finance, being a microcap company, may not be on the radar of many investors. However, its recent performance and potential for growth make it a company worth keeping an eye on. As always, it is important for investors to conduct their own research and make informed decisions before investing in any stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News