Quasar India Achieves 52-Week High Amidst 47.65% Gain Streak
Quasar India has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong market performance. The stock has achieved a new 52-week high, demonstrating a significant upward trend with impressive returns over the past year, outperforming its sector and key moving averages.
Quasar India, a microcap player in the trading industry, has recently achieved a significant milestone by reaching a new 52-week high of Rs. 1.8 on December 27, 2024. This performance marks a notable achievement for the company, especially as it has outperformed its sector by 0.64% on the same day.The stock has demonstrated impressive momentum, gaining consistently over the past 21 days and delivering a remarkable return of 47.65% during this period. This upward trend is further supported by its position relative to key moving averages, as Quasar India is currently trading above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term and long-term performance.
Over the past year, Quasar India has shown exceptional growth, with a staggering increase of 163.41%, significantly outpacing the Sensex, which has recorded a gain of only 9.67%. This performance highlights Quasar India's robust market position within the trading sector and its ability to deliver substantial returns to its stakeholders.
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