Saraswati Commercial (India) Ltd's Stock Reaches All-Time High, Outperforms Sector by 4.51%

Sep 19 2024 09:26 AM IST
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Saraswati Commercial (India) Ltd, a smallcap finance/NBFC company, has been gaining attention in the stock market with its recent performance. On September 19, 2024, the stock reached an all-time high of Rs. 24011.6, outperforming the sector by 4.51% in the past 11 days. Its exceptional growth of 771.87% in the past year showcases its potential for future growth.

Saraswati Commercial (India) Ltd, a smallcap company in the finance/NBFC industry, has been making waves in the stock market with its recent performance. On September 19, 2024, the company's stock price reached an all-time high of Rs. 24011.6, which is also its new 52-week high. This has caught the attention of investors and analysts alike, with MarketsMOJO giving a 'Hold' call for the stock.

The stock has been on a winning streak for the past 11 days, outperforming the sector by 4.51%. In this period, it has gained an impressive 62.39% returns. Today, the stock opened with a gap up of 5% and touched an intraday high of Rs. 24011.6. It has been trading at this price since then, showing no range.

Saraswati Commercial (India) Ltd's performance over the past year has been exceptional, with a 771.87% increase in its stock price. In comparison, the Sensex has only seen a 23.64% growth. This showcases the company's strong performance and potential for growth in the future.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. With its recent achievements and strong performance, Saraswati Commercial (India) Ltd is definitely a company to watch out for in the finance/NBFC industry.
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