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. 29.37. This milestone reflects a significant upward trend, with the stock outperforming its sector by 1.12%. Over the past 21 days, Shalimar Agencies has shown remarkable resilience, gaining 51% in returns.
In terms of daily performance, the stock increased by 1.98%, while the benchmark Sensex rose by 1.06%. The one-week performance also highlights Shalimar Agencies' strength, with a 10.33% increase compared to the Sensex's 1.44%. Over the past month, the stock has surged by 54.01%, significantly outpacing the Sensex's 1.27% gain.

Longer-term metrics further illustrate Shalimar Agencies' robust performance. Year-to-date, the stock has soared by 222.75%, while over the last five years, it has delivered an astonishing 2287.80% return, compared to the Sensex's 137.35%. Additionally, 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.