Nexus Select Trust Reaches All-Time High Price, Outperforms Sector and Offers High Dividend Yield
Nexus Select Trust, a largecap real estate company, has reached an all-time high price of Rs.156 on August 1st, 2024. The stock has been gaining for the past two days and has outperformed the sector by 1.37%. It is currently trading consistently at this price and offers a high dividend yield of 3.91%. With a 32.14% increase in the past year, Nexus Select Trust showcases strong growth and potential in the real estate industry.
Nexus Select Trust, a largecap real estate company, has recently reached an all-time high price of Rs.156 on August 1st, 2024. This news comes as the stock has been gaining for the past two days and has outperformed the sector by 1.37%. The stock has also been trading consistently at this price since its opening.
According to MarketsMOJO, the stock call for Nexus Select Trust is 'Hold'. The company's performance today has been impressive, with a return of 2.53% in the last two days. Additionally, Nexus Select is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
Investors may also be interested to know that Nexus Select Trust offers a high dividend yield of 3.91% at its current price. This could be a potential factor for investors looking for stable returns.
In terms of overall performance, Nexus Select Trust has shown a 32.14% increase in the past year, outperforming the Sensex's performance of 23.44%. This showcases the company's strong growth and potential in the real estate industry.
With its recent all-time high price and consistent performance, Nexus Select Trust is definitely a company to keep an eye on in the real estate sector. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.
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