Shalimar Agencies Achieves 52-Week High, Signaling Growth in NBFC Sector

Jun 04 2025 11:36 AM IST
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Shalimar Agencies, a small-cap NBFC, has reached a new 52-week high of Rs. 22.3, outperforming its sector. The stock has gained 55.08% over the past 21 days and is trading above key moving averages, indicating strong bullish momentum amid a mixed broader market performance.
Shalimar Agencies, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today as its stock price reached a new 52-week high of Rs. 22.3. This milestone reflects a significant upward trend, with the stock outperforming its sector by 1.74%. Over the past 21 days, Shalimar Agencies has demonstrated impressive performance, gaining 55.08% in returns, indicating a sustained positive momentum.

The stock is currently trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a strong bullish trend. In the broader market context, the Sensex opened flat but has shown a slight increase of 0.23%, currently trading at 80,924.67. Despite a three-week decline of 1.71%, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.57%.

Shalimar Agencies' recent performance highlights its resilience and growth potential within the competitive landscape of the NBFC sector.
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