Relic Technologies Ltd Surges 4.99% Today, Achieves 263.99% Year-to-Date Gain Amid Strong Buying Activity

Relic Technologies 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 notably outpaces the Sensex, which has only increased by 0.65% during the same period. Over the past week, Relic Technologies has shown a robust gain of 4.84%, compared to the Sensex's 2.64%. The stock has been on a positive trajectory, marking consecutive gains over the last two days, accumulating a total return of 9.98%. It opened today with a gap up of 4.99% and reached an intraday high of Rs 84.19. The trading range has been narrow, with fluctuations of just Rs 0.19, indicating strong buying pressure. Despite a decline of 5.48% over the past three months, Relic Technologies has demonstrated impressive long-term performance, with a staggering 461.27% increase over the past year, significantly outperforming the Sensex's 4.03% rise. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its market position.