Shriram AMC Hits All-Time High, Outperforms Sector with Impressive 368.63% Growth

Aug 02 2024 09:20 AM IST
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Shriram Asset Management Co, a microcap company in the finance/NBFC industry, has reached an all-time high price of Rs. 664.9 on August 2nd, 2024. The stock has been gaining for the past 6 days, with a consecutive gain of 32.98%. It has also outperformed the sector by 4.91% today and is currently trading higher than its moving averages, showing a strong upward trend. In the past year, the company has shown an impressive performance of 368.63%, making it a promising microcap company in the finance/NBFC industry.

Shriram Asset Management Co, a microcap company in the finance/NBFC industry, has recently reached an all-time high price of Rs. 664.9 on August 2nd, 2024. This news comes as the stock has been gaining for the past 6 days, with a consecutive gain of 32.98% in that period. The stock also outperformed the sector by 4.91% today, opening with a gain of 4.91% and touching an intraday high of Rs. 664.9.

Shriram AMC is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. In the past year, the company has shown an impressive performance of 368.63%, compared to the Sensex's performance of 23.44%.

While the stock call by MarketsMOJO is 'Sell', it is important to note that this is a fact-based analysis and does not involve any future potential, investor interest, or expert opinions. Shriram Asset Management Co's success can be attributed to its strong performance in the finance/NBFC industry, making it a promising microcap company to watch out for.
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