Reliance Capital Continues to Outperform Despite 'Sell' Call, Hits 52-Week High
Reliance Capital, a microcap finance and NBFC, has been performing well in the stock market despite being given a 'Sell' call by MarketsMojo. It has seen a consecutive gain streak for the last 5 days, hitting a new 52-week high and outperforming the sector by 4.71%. The stock has also been trading higher than its moving averages, indicating a positive trend. However, there have been some erratic trading patterns, but it has still outperformed the Sensex by a significant margin in the last 1 month. This article provides neutral and informative information and does not include any external data or recommendations. Investors are advised to do their own research before making any investment decisions.
Reliance Capital, a microcap finance and non-banking financial company (NBFC), has been making headlines in the stock market recently. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' call. However, this does not seem to have affected its performance as it has been on a consecutive gain streak for the last 5 days, with a remarkable 27.34% increase in returns during this period.
In today's trading session, Reliance Capital hit a new 52-week high of Rs.14.44, outperforming the sector by 4.71%. This is a significant achievement for the company, especially considering the current market conditions. It is also worth noting that the stock has been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
Despite this, there have been some erratic trading patterns for Reliance Capital, with the stock not trading on one day out of the last 20 days. However, this does not seem to have affected its overall performance, as it has still managed to outperform the Sensex by a significant margin. In fact, in the last 1 month, Reliance Capital has seen a 18.26% increase in performance, compared to the Sensex's 3.94%.
It is important to note that this article is purely based on facts and does not include any external data or sources. We do not provide any recommendations or talk about future potential, as our aim is to provide neutral and informative information to our readers. As always, we advise investors to do their own research and make informed decisions when it comes to investing in the stock market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
