Microcap finance company Dalal Street Investments hits 52-week high, outperforms sector by 2.09%
Dalal Street Investments, a microcap finance company, has hit a 52-week high on January 12, 2024, with a stock price of Rs. 470.2. The company has been performing well, outperforming its sector by 2.09% and showing a total return of 26.23% in the past 13 days. It is also trading higher than its moving averages, indicating consistent growth. Despite a 'Sell' call from MarketsMojo, Dalal Street Investments remains a strong player in the finance/NBFC industry with a 104.43% performance in the past year.
Dalal Street Investments, a microcap finance company, has recently hit a 52-week high on January 12, 2024. The stock, which is currently trading at Rs. 470.2, has been performing well in the market, outperforming its sector by 2.09%. This is the 13th consecutive day of gains for the company, with a total return of 26.23% in this period.
The stock opened with a gain of 2% today, touching an intraday high of Rs. 470.2. It has been trading at this price since the opening, indicating a strong hold in the market. Dalal Street Investments is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing its consistent growth in the market.
In the past year, Dalal Street Investments has shown an impressive performance of 104.43%, while the Sensex has only seen a growth of 20.45%. This highlights the company's strong position in the market and its ability to generate returns for its investors.
MarketsMOJO has given a 'Sell' call for the stock, but with its recent performance and consistent growth, Dalal Street Investments remains a strong player in the finance/NBFC industry. As a microcap company, it has shown great potential and continues to be a promising investment option for those looking for long-term growth.
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