Nexus Select Trust Hits 52-Week High, Attractive Dividend Yield and Consistent Performance

Nexus Select Trust, a largecap real estate company, has recently reached a new milestone as its stock price hit a 52-week high on July 2nd, 2024. This comes as a positive sign for investors as the stock has been on an upward trend for the past two days, with a 2.34% increase in returns.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Nexus Select Trust is 'Hold'. The stock's performance today is in line with the sector, and it is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong and consistent performance by the company.

One of the key highlights of Nexus Select Trust is its high dividend yield of 4.18% at the current price. This makes it an attractive option for investors looking for stable returns. In comparison, the company's 1-year performance has been impressive, with a 34.05% increase, outperforming the Sensex's performance of 22.77%.

Nexus Select Trust's success can be attributed to its strong presence in the real estate industry and its consistent performance in the market. With its stock price reaching a new high, the company is poised for further growth and success in the future. Investors can continue to hold onto their shares and expect stable returns from this largecap real estate company.