Saraswati Commercial (India) Achieves Record High Stock Price, Outperforms Sector and Sensex

Sep 16 2024 09:34 AM IST
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Saraswati Commercial (India) has achieved a new milestone as its stock price reached an all-time high of Rs.20742.15 on September 16, 2024. The company has shown consistent growth in the past 8 days, with a 40.28% increase in its stock price. It has also outperformed the sector by 4.36% today and is currently trading higher than its moving averages. Despite being a smallcap company, it has shown an impressive growth of 641.97% in the past year, outperforming the Sensex. MarketsMojo has given a 'Hold' call for the stock, indicating a positive outlook for investors and stakeholders.

Saraswati Commercial (India), a smallcap finance company, has reached a new milestone as its stock price touched an all-time high of Rs.20742.15 on September 16, 2024. This comes after the company has been consistently gaining for the past 8 days, with a 40.28% increase in its stock price during this period.

The stock opened with a gain of 5% today and has been trading at this price since then. It has also outperformed the sector by 4.36% today. This positive trend is reflected in the fact that Saraswati Commercial is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, the company's stock has shown an impressive growth of 641.97%, while the Sensex has only grown by 22.38%. This highlights the strong performance of Saraswati Commercial in the finance industry, despite being a smallcap company.

MarketsMOJO has given a 'Hold' call for the stock, indicating that it is a good time to hold onto the stock and not sell it. This news is sure to bring a sense of confidence to investors and stakeholders of Saraswati Commercial (India) Ltd.
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