Optimus Finance Ltd Experiences Significant Buying Activity Amidst Broader Market Decline
Optimus Finance Ltd is experiencing notable buying activity, with the stock gaining for two consecutive days and showing impressive long-term performance. Over the past year, it has increased significantly, outperforming the Sensex. The stock is currently trading above several moving averages, indicating a potential shift in market sentiment.
Optimus Finance Ltd is currently witnessing significant buying activity, with the stock rising by 4.96% today, contrasting sharply with the Sensex, which has declined by 1.78%. This marks the second consecutive day of gains for Optimus Finance, accumulating a total return of 10.17% over this period. The stock opened with a gap up of 2.13% and reached an intraday high of Rs 22.2.In terms of longer-term performance, Optimus Finance has shown remarkable resilience, with a 140.08% increase over the past year, significantly outperforming the Sensex's modest 2.73% gain. Over three years, the stock has surged by 539.77%, while the Sensex has only increased by 28.27%. The five-year performance is even more striking, with Optimus Finance up 1044.33% compared to the Sensex's 169.01%.
The strong buying pressure may be attributed to the stock's recent performance metrics, which indicate it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day moving average. This trend suggests a potential shift in market sentiment towards Optimus Finance within the finance/NBFC sector.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
