Nuvama Wealth Management's Stock Reaches All-Time High, Rated 'Buy' by MarketsMOJO

Nuvama Wealth Management, a leading finance and non-banking financial company (NBFC), has recently reached an all-time high in its stock price. On September 12, 2024, the company's stock price touched a record high, making it a promising investment option for investors.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, Nuvama Wealth Management's stock is currently rated as a 'Buy'. This further adds to the positive sentiment surrounding the company's performance.

In terms of price performance, Nuvama Wealth Management is currently trading at a close to 52-week high, with only a 0.34% difference from its highest price of Rs 6986.8. The stock has also outperformed the sector by 1.91% and has been on a consecutive gain for the last two days, with a 3.8% increase in returns.

On the day of the all-time high, Nuvama Wealth Management's stock touched an intraday high of Rs 6963, showing a 2.57% increase. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong and consistent performance.

In comparison to the Sensex, Nuvama Wealth Management has shown a remarkable performance in the past year, with a NA% increase in its stock price. This is significantly higher than the Sensex's performance in the same period.

With its strong financial standing and consistent growth, Nuvama Wealth Management is proving to be a top player in the finance and NBFC industry. Investors can consider this company as a potential investment option for long-term gains.