Religare Enterprises' Stock Performance Shows Positive Trend, Outperforms Sector and Sensex

Jun 03 2024 10:30 AM IST
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On June 3rd, 2024, Religare Enterprises, a midcap finance and NBFC company, saw a 5.52% increase in its stock, outperforming the sector by 1.75%. The stock has been on a consecutive gain for the last 2 days, with an intraday high of Rs 217.35. While currently above its 5-day and 20-day moving averages, it is below its 50-day, 100-day, and 200-day moving averages. The finance and NBFC sector has also seen a positive trend, with Religare Enterprises outperforming the Sensex by 2.75% in the last 1 day and having a 1-month performance of -0.12%. Investors should monitor the company's future performance.


Religare Enterprises, a midcap finance and NBFC company, saw a positive trend in its stock performance on June 3rd, 2024. The stock gained 5.52% on this day, outperforming the sector by 1.75%. MarketsMOJO has given a 'Strong Sell' call for the stock.

In terms of price summary, Religare Enterprises has been on a consecutive gain for the last 2 days, with a rise of 5.21% during this period. The stock also touched an intraday high of Rs 217.35, showing a 5.74% increase. While the stock is currently higher than its 5-day and 20-day moving averages, it is lower than its 50-day, 100-day, and 200-day moving averages.

The finance and NBFC sector has also seen a positive trend, with a gain of 3.33%. In comparison, Religare Enterprises has outperformed the Sensex by 2.75% in the last 1 day and has a 1-month performance of -0.12% compared to the Sensex's 2.86% performance.

Overall, Religare Enterprises has shown a strong performance in the market, with a positive trend in its stock price and outperforming the sector and Sensex. Investors should keep an eye on the company's future performance to make informed decisions.
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