Shriram Asset Management Co Reaches All-Time High, Outperforms Sector and Sensex

Jan 08 2024 10:30 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 on January 8th, 2024. The stock has been gaining for the past three days, with a 6.09% increase in returns and outperforming the sector by 2.09%. According to MarketsMojo, the stock call for Shriram AMC is 'Sell', but it is trading higher than its moving averages and has shown an impressive 1-year performance of 238.45%. This showcases the company's strong growth and potential in the market.

Shriram Asset Management Co, a microcap company in the finance/NBFC industry, has recently reached an all-time high price on January 8th, 2024. This news comes as the stock has been gaining for the past three days, with a 6.09% increase in returns during this period. The stock has also outperformed the sector by 2.09% today.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Shriram Asset Management Co is 'Sell'. The stock opened at Rs. 341.5 and has since traded at this price, with no significant range.

In terms of moving averages, Shriram AMC is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In comparison to the Sensex performance of 20.21%, Shriram Asset Management Co has shown an impressive 1-year performance of 238.45%. This showcases the company's strong growth and potential in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions, but rather to inform readers about the recent performance of Shriram Asset Management Co. As always, it is advisable to conduct thorough research and consult with a financial advisor before making any investment decisions.
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