Shalimar Agencies Stock Reaches All-Time High, Signaling Strong Market Confidence

Shalimar Agencies, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today as its stock price reached an all-time high of Rs. 22.3. This milestone reflects the company's strong performance, particularly as it has outperformed its sector by 1.74% today.
The stock has shown remarkable resilience, gaining for 21 consecutive days and delivering an impressive 55.08% return during this period. In terms of moving averages, Shalimar Agencies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend.

In terms of performance metrics, Shalimar Agencies has outperformed the Sensex across various time frames. Over the past day, the stock rose by 1.97%, while the Sensex saw a modest increase of 0.25%. Over the past week, Shalimar Agencies gained 10.29%, contrasting with a decline of 0.46% in the Sensex. The company's performance over the last month, three months, and year-to-date stands at 70.88%, 136.48%, and 145.05%, respectively, significantly surpassing the Sensex's performance during the same periods. Over the last five years, Shalimar Agencies has achieved a staggering 1713.01% increase, compared to the Sensex's 138.18%.