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

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. 24.12. This milestone reflects a significant upward trend, with the stock outperforming its sector by 2.03%. Over the past 21 days, Shalimar Agencies has shown remarkable resilience, achieving a cumulative return of 50.75%.
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 1.99%, significantly outpacing the Sensex, which only saw a modest increase of 0.10%.

Looking at broader performance indicators, Shalimar Agencies has delivered impressive returns over various time frames, including a 53.73% rise over the past month and a staggering 184.10% increase over the last three months. Year-to-date, the stock has surged by 165.05%, while its five-year performance stands at an extraordinary 1860.98%, far exceeding the Sensex's growth of 140.98%.