Nexus Select Trust's Stock Reaches All-Time High, Outperforms Sector and Offers High Dividend Yield

Nexus Select Trust, a largecap real estate company, has been making headlines in the stock market as its price reached an all-time high on July 15, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock's current call is 'Hold'.

The stock is currently trading at a price that is only 0.75% away from its 52-week high of Rs 152.5. It has also outperformed the sector by 1.3% in today's trading session. This marks the sixth consecutive day of gains for Nexus Select Trust, with a 6.07% increase in returns during this period. The stock also touched an intraday high of Rs 152.09, a 2.14% increase from its previous close.

In terms of moving averages, Nexus Select Trust is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance. Additionally, the company offers a high dividend yield of 4.03% at its current price.

Compared to the Sensex's performance of 22.10%, Nexus Select Trust has shown a strong 1-year performance of 32.36%. This further solidifies the company's position as a top performer in the real estate industry.

Investors and experts are closely watching Nexus Select Trust as it continues to make strides in the stock market. With its strong performance and potential for growth, the company is definitely one to keep an eye on.