Saraswati Commercial (India) Ltd's Stock Hits All-Time High, Outperforms Sector by 3.77%
Saraswati Commercial (India) Ltd, a smallcap finance company, has seen a significant increase in its stock price, reaching an all-time high of Rs.25212.15 on September 21, 2024. The stock has been on a winning streak for the past 12 days, outperforming the sector and consistently trading above its moving averages. With a 810.68% increase in the past year, this company shows strong potential in the finance/NBFC industry.
Saraswati Commercial (India) Ltd, a smallcap finance company, has reached a new milestone as its stock price touched an all-time high of Rs.25212.15 on September 21, 2024. This marks a significant increase from its previous 52-week high of Rs.112.15. The stock has been on a winning streak for the past 12 days, with a gain of 70.51% during this period.
Today, the stock opened with a gain of 5% and reached an intraday high of Rs.25212.15, outperforming the sector by 3.77%. It has also been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Saraswati Commercial (India) Ltd's performance over the past year has been impressive, with a 810.68% increase compared to Sensex's 26.56% growth. This smallcap company has shown strong potential in the finance/NBFC industry, making it a stock to watch out for.
MarketsMOJO has given a 'Hold' call for Saraswati Commercial (India) Ltd, suggesting that investors hold onto their positions for now. With its recent surge in stock price and positive performance, Saraswati Commercial (India) Ltd is definitely a company to keep an eye on in the finance/NBFC sector.
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