NESCO Achieves 52-Week High Amid Strong Small-Cap Market Performance

NESCO, a small-cap player in the diversified commercial services industry, has made headlines today by reaching a new 52-week high of Rs. 1612.1. This milestone was achieved during a day when the stock outperformed its sector by 3.98%. Over the past two days, NESCO has shown a positive trend, gaining 4.97% in returns. The stock's performance today included an intraday high of Rs. 1612.1, reflecting a 5.76% increase. Notably, NESCO is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. In the broader market context, the Sensex experienced a recovery after a negative opening, currently trading at 81,448.73, up by 0.03%. While the Sensex is below its 50-day moving average, the small-cap segment is leading the market, with the BSE Small Cap index gaining 0.36%. Over the past year, NESCO has delivered an impressive performance, with a return of 62.31%, contrasting with the Sensex's slight decline of 0.11%. The stock's 52-week low stands at Rs. 841.95, highlighting its significant growth over the year.