Margo Finance Achieves 52-Week High, Surpassing Sector Performance by Nearly 5%

Margo Finance, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a significant milestone by hitting a new 52-week high of Rs. 135.07 on December 26, 2024. This achievement marks a notable performance, as the stock has outperformed its sector by 4.88% today alone. The stock has demonstrated impressive momentum, gaining for 11 consecutive days and delivering a remarkable 79.52% return during this period. It opened with a 5% increase today, reflecting strong market activity. Throughout the trading session, Margo Finance reached an intraday high of Rs. 135.07, showcasing its robust performance. Additionally, the stock has maintained a narrow trading range of Rs. 0.27, indicating stability in its price movements. Margo Finance is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its strong position in the market. Over the past year, Margo Finance has achieved an impressive return of 223.91%, significantly outpacing the Sensex, which recorded a gain of 10.49%.