Reliable Data Services Ltd Surges 4.97% Today, Up 74.35% Over Three Months

Reliable Data Services Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, with the stock gaining 4.97% today. This performance notably outpaces the Sensex, which has only increased by 0.73% on the same day. Over the past week, Reliable Data Services has surged by 13.12%, compared to the Sensex's 1.91% rise, indicating a strong upward trend.
The stock has shown consecutive gains for the last three days, accumulating a total return of 11.85% during this period. It opened with a gap up of 3.52% today and reached an intraday high of Rs 129.8. This performance is further underscored by its impressive metrics over longer periods, including a 74.35% increase over the last three months and an 81.41% rise over the past year, significantly outperforming the Sensex's respective gains of 2.21% and 3.79%.

Factors contributing to this buying pressure may include positive market sentiment, strong financial performance, or strategic developments within the company. Reliable Data Services is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reinforcing its bullish momentum in the market.