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. 28.8. This milestone reflects a significant upward trend, with the stock outperforming its sector by 2.6%. Over the past 21 days, Shalimar Agencies has shown remarkable resilience, gaining 51.02% 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%, contrasting sharply with the Sensex, which declined by 0.86%.

Looking at broader performance indicators, Shalimar Agencies has achieved a 10.34% increase over the past week and an impressive 51.02% rise over the last month. Year-to-date, the stock has surged by 216.48%, significantly outpacing the Sensex's 4.55% gain. Over the last five years, Shalimar Agencies has delivered an extraordinary return of 2241.46%, highlighting its strong market position within the NBFC industry.