MKVentures Capital Hits All-Time High, Outperforms Sector and Sensex

MKVentures Capital, a microcap finance company, has recently hit an all-time high on May 4th, 2024. The stock, which is listed under the finance/NBFC industry, has been given a 'Hold' rating by MarketsMOJO.

On the day of the all-time high, the stock opened with a gain of 2.63% and touched an intraday high of Rs. 2800. However, it underperformed the sector by -8.28%. The stock also saw high volatility with an intraday range of 5.54%, calculated from the weighted average price. The day's low was Rs. 2506, showing a decrease of -8.14%.

MKVentures Capital has been consistently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In the past year, MKVentures Capital has outperformed the Sensex with a 78.40% increase in its stock price, while the Sensex has only seen a 20.73% increase. This showcases the company's strong performance and potential for growth in the future.

Investors should keep an eye on MKVentures Capital as it continues to make strides in the finance/NBFC industry and maintain its positive performance in the market.