Reliable Data Services Ltd Surges 4.99% Today, Year-to-Date Gains Reach 101.44%

Reliable Data Services Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, with the stock gaining 4.99% today. This performance stands in stark contrast to the Sensex, which has dipped by 0.15%. Over the past week, Reliable Data Services has increased by 2.95%, while the Sensex has declined by 0.90%.
In the last month, the stock has surged by 19.65%, significantly outperforming the Sensex's modest gain of 1.53%. Notably, the stock has shown remarkable growth over the year, with a 78.88% increase compared to the Sensex's 4.58%. Year-to-date, Reliable Data Services has achieved an impressive 101.44% rise, while the Sensex has only increased by 6.46%.

Today's trading saw the stock open with a gap up of 4.37% and reach an intraday high of Rs 143.1. The stock has been on a consecutive gain streak for the last two days, accumulating a total return of 5.22%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The narrow trading range of Rs 0.85 suggests stable price action amid the buying pressure.