Nexus Surgical Reaches 52-Week High with 151% Annual Return

Nexus Surgical and Medicare has recently reached a new milestone, hitting a 52-week high of Rs. 29.28 on December 30, 2024. This achievement comes as the stock has demonstrated impressive performance, outperforming its sector by 3.75% today. Over the past eight days, the stock has shown a remarkable upward trend, accumulating returns of 29.46%.
Opening with a gain of 4.95%, Nexus Surgical's stock reached an intraday high of Rs. 29.28, reflecting strong market activity. The trading session saw the stock fluctuate within a narrow range of Rs. 0.28, indicating stable investor sentiment.

In terms of moving averages, Nexus Surgical is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a robust short- to long-term performance trajectory. Over the past year, the company has achieved a staggering 151.08% increase in stock value, significantly outpacing the Sensex, which recorded an 8.73% rise during the same period. This performance underscores Nexus Surgical and Medicare's position within the finance and non-banking financial company sector.