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

Jul 10 2024 09:25 AM IST
share
Share Via
Shriram Asset Management Co, a microcap finance company, has seen a surge in its stock price, reaching an all-time high on July 10th, 2024. The stock has gained 19.55% in the past four days and is currently rated as a 'Sell' by MarketsMojo. However, it has outperformed the sector and is trading higher than its moving averages, indicating a strong performance by the company. In the past year, the company has shown impressive growth of 201.97%, showcasing its potential in the finance/NBFC industry. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions.

Shriram Asset Management Co, a microcap finance company, has seen a surge in its stock price, reaching an all-time high on July 10th, 2024. The stock has been on an upward trend for the past four days, gaining 19.55% in that period. Today, it opened with a gain of 3.98% and touched an intraday high of Rs 469.

According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Sell'. However, it has outperformed the sector by 3.71% and is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong performance by the company in the recent past.

In the past year, Shriram Asset Management Co has shown an impressive growth of 201.97%, while the Sensex has only grown by 22.75%. This showcases the company's strong performance and potential for growth in the finance/NBFC industry.

It is worth noting that this article is based on factual information and does not include any external data or sources. It is important to conduct thorough research and analysis before making any investment decisions. As always, it is recommended to consult with a financial advisor before investing in any stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News