Optimus Finance Reaches New All-Time High Amid Strong Annual Performance
Optimus Finance has recently experienced a revision in its score, reflecting its strong market performance. The stock reached a new 52-week high, showcasing impressive returns over the past year, significantly outpacing broader market indices. Additionally, it has been added to MarketsMojo's list, highlighting its favorable position in the finance sector.
Optimus Finance, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a new milestone, hitting a 52-week high of Rs. 259.8 on December 27, 2024. This achievement marks a significant performance uptick, with the stock outperforming its sector by 3.38% today.Despite opening the trading day with a loss of 5.74%, the stock demonstrated resilience, recovering to touch an intraday high of Rs. 259.8, reflecting a 3.86% increase. Over the past two days, Optimus Finance has shown a consecutive gain, accumulating returns of 8.67%.
In terms of moving averages, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Over the past year, Optimus Finance has delivered impressive returns of 186.60%, significantly outpacing the Sensex, which recorded a performance of 9.32%. This robust performance underscores the company's solid position within the finance sector.
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