Shalimar Agencies Ltd Achieves 52-Week High Amidst Strong Buying Activity and Significant Gains

Shalimar Agencies Ltd, a small-cap player in the Non-Banking Financial Company (NBFC) sector, is witnessing significant buying activity, marking a notable performance against the broader market. Today, the stock has increased by 1.98%, while the Sensex has declined by 0.89%. Over the past week, Shalimar Agencies has surged by 10.34%, contrasting with a slight drop of 0.15% in the Sensex.
In the last month, the stock has shown remarkable growth of 51.02%, with the Sensex remaining nearly flat at -0.06%. Over a three-month period, Shalimar Agencies has skyrocketed by 160.63%, significantly outperforming the Sensex, which gained only 6.20%. Year-to-date, the stock has delivered an impressive 216.48% return compared to the Sensex's 4.52%.

Today, Shalimar Agencies reached a new 52-week high of Rs. 28.8, reflecting strong momentum. The stock has been on a consecutive gain streak for the last 21 days, accumulating a total return of 51.02% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. The stock's performance is further highlighted by its outperformance against the sector by 2.6%.