Rajputana Investment & Finance Ltd Surges 28.8% in 6 Days, Outperforming Sector

Feb 15 2024 10:05 AM IST
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Rajputana Investment & Finance Ltd, a microcap finance company, has seen a surge in its stock price, reaching a 52-week high of Rs. 51.39 on February 15, 2024. The stock has consistently outperformed the sector and has shown impressive growth in the past year, indicating potential for growth in the finance/NBFC industry.

Rajputana Investment & Finance Ltd, a microcap finance company, has been making waves in the stock market with its recent surge in share price. On February 15, 2024, the company's stock reached a 52-week high of Rs. 51.39, outperforming the sector by 4.6%. This marks the sixth consecutive day of gains for the stock, with a total increase of 28.8% in this period.

The stock opened today with a gain of 4.51% and touched an intraday high of Rs. 51.39, a 4.98% increase from the previous day's close. Rajputana Investment & Finance Ltd's performance has been consistently strong, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, the company's stock has shown an impressive growth of 171.19%, while the Sensex has only seen a 17.05% increase. This showcases the company's strong performance and potential for growth in the finance/NBFC industry.

Rajputana Investment & Finance Ltd's stock has been given a 'Sell' call by MarketsMOJO, indicating a potential decline in the near future. However, the company's recent performance and consistent growth cannot be ignored. Investors should keep a close eye on this microcap company as it continues to make strides in the stock market.
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