Relic Technologies Achieves 52-Week High Amid Strong Market Momentum and Performance

Jan 28 2025 10:35 AM IST
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Relic Technologies has reached a new 52-week high, reflecting a strong upward trend in its stock performance. Over the past 12 days, the stock has gained significantly, outperforming its sector. Additionally, it has consistently traded above key moving averages, showcasing a robust market position over the past year.
Relic Technologies, a microcap player in the finance and non-banking financial company (NBFC) sector, has made headlines today as its stock price reached a new 52-week high of Rs. 31.33. This milestone reflects a significant upward trend, with the stock outperforming its sector by 2.54%. Over the past 12 days, Relic Technologies has demonstrated impressive momentum, gaining 41.51% during this period.

In terms of moving averages, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong bullish trend. Over the past year, Relic Technologies has delivered a remarkable performance, with a return of 65.50%, significantly outpacing the Sensex, which recorded a return of just 7.15%.

These performance indicators highlight Relic Technologies' robust market position and the underlying trends contributing to its recent stock activity. Investors and market watchers will be keen to observe how these dynamics evolve in the coming days.
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