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

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. 23.65. This milestone reflects a significant upward trend, with the stock outperforming its sector by 0.61%. Over the past 21 days, Shalimar Agencies has demonstrated impressive momentum, gaining 50.73% in returns.
In terms of performance metrics, the stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. On a daily basis, Shalimar Agencies recorded a gain of 1.98%, significantly outpacing the Sensex, which rose by 0.46%.

Looking at broader performance, the stock has surged by 10.26% over the past week and an impressive 50.73% over the last month, compared to the Sensex's respective gains of 1.47% and 3.92%. Over three months, Shalimar Agencies has skyrocketed by 192.34%, while year-to-date performance stands at 159.89%, far exceeding the Sensex's 5.67% increase. Over the last five years, the stock has delivered a remarkable return of 1822.76%, compared to the Sensex's 143.16%.