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. 26.1. This milestone reflects a significant upward trend, with the stock outperforming its sector by 1.58%. Over the past 21 days, Shalimar Agencies has shown remarkable resilience, gaining 50.87% in returns.
In terms of daily performance, the stock rose by 1.99%, while the benchmark Sensex recorded a modest increase of 0.67%. The one-week performance also highlights Shalimar Agencies' strength, with a 10.36% rise compared to a decline of 0.95% in the Sensex.

Looking at longer-term metrics, the stock has surged by 166.33% over the past three months and an impressive 186.81% year-to-date, significantly outpacing the Sensex's 4.51% gain. Over the last five years, Shalimar Agencies has delivered a staggering 2021.95% return, while the Sensex has increased by 143.01%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.