Shalimar Agencies Stock Reaches All-Time High, Signaling Strong Market Position in NBFC Sector

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. 22.74. 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 momentum, gaining 50.7% in returns.
In terms of performance metrics, the stock has shown remarkable resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. On a daily basis, Shalimar Agencies recorded a gain of 1.97%, significantly outpacing the Sensex, which rose by 0.85%.

Looking at broader performance indicators, the stock has surged by 10.28% over the past week and an impressive 65.99% over the last month. Over a three-month period, it has skyrocketed by 153.79%, while year-to-date performance stands at 149.89%. Over the last five years, Shalimar Agencies has achieved a staggering 1748.78% increase, compared to the Sensex's 138.24%. This consistent growth underscores the company's strong market position within the NBFC sector.