Modern Shares & Stockbrokers Hits 52-Week High, Outperforms Sector with Strong Growth

May 17 2024 10:05 AM IST
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Modern Shares & Stockbrokers, a microcap company in the finance/NBFC industry, has reached a 52-week high on May 17, 2024, with a stock price of Rs.49.9. The stock has shown consecutive gains for the past 6 days and is currently trading above its moving averages. It has also outperformed the sector and Sensex, showcasing strong growth and potential.


Modern Shares & Stockbrokers, a microcap company in the finance/NBFC industry, has recently hit a 52-week high on May 17, 2024. The stock has been performing well, with a 'Sell' call by MarketsMOJO.

The stock price of Modern Shares & Stockbrokers reached a new high of Rs.49.9 today, outperforming the sector by 8.5%. It has also shown consecutive gains for the past 6 days, with a 20.65% increase in returns during this period. The stock has been highly volatile today, with an intraday volatility of 6.24%.

In terms of moving averages, Modern Shares & Stockbrokers is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex performance of 19.74%, Modern Shares & Stockbrokers has shown a remarkable 1-year performance of 196.65%. This showcases the company's strong growth and potential in the market.

As a microcap company in the finance/NBFC industry, Modern Shares & Stockbrokers has been able to achieve significant success and growth in the market. With its recent 52-week high and positive performance, the company continues to be a promising player in the industry.
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