Shalimar Agencies Stock Reaches All-Time High, Signaling Strong Market Momentum
Shalimar Agencies, a small-cap NBFC, has reached an all-time high stock price of Rs. 29.95, significantly outperforming its sector. The stock has shown strong performance metrics, consistently trading above key moving averages, and has achieved substantial gains over various time frames, highlighting its robust market position.
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. 29.95. This milestone reflects a significant upward trend, with the stock outperforming its sector by 1.4%. Over the past 21 days, Shalimar Agencies has shown remarkable resilience, gaining 51.03% 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 1.97%, significantly outpacing the Sensex, which rose by 0.68%.
Looking at broader performance indicators, the stock has surged by 57.05% over the past month, 161.57% over the last three months, and an impressive 637.68% over the past year, compared to the Sensex's modest 5.84% increase during the same period. Year-to-date, Shalimar Agencies has achieved a remarkable 229.12% gain, further solidifying its position in the market.
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