Nexus Surgical Achieves 52-Week High with 134.26% Annual Return

Nexus Surgical and Medicare has recently reached a new milestone, hitting a 52-week high of Rs. 27.9 on December 27, 2024. This achievement comes as the stock has demonstrated strong performance, outperforming its sector by 4.62% today. Over the past week, the stock has shown remarkable resilience, gaining 24.51% and marking seven consecutive days of increases.
Opening with a notable gain of 4.93%, the stock reached an intraday high of Rs. 27.9, reflecting positive market sentiment. Despite trading within a narrow range of just Rs. 0.01, Nexus Surgical has consistently maintained a position above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust trend in its price movement.

In terms of annual performance, Nexus Surgical and Medicare has delivered an impressive return of 134.26% over the past year, significantly outpacing the Sensex, which recorded a growth of 9.33% during the same period. This performance highlights the company's strong market position within the finance and non-banking financial company (NBFC) sector.