SKP Securities Hits 52-Week High, Outperforms Sector by 16.2%

Jan 31 2024 09:36 AM IST
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SKP Securities, a microcap finance and NBFC company, reached a 52-week high on January 31, 2024, with a remarkable 42.18% increase in returns in the past 3 days. It is currently trading above its moving averages and has shown a strong performance in the past year, outperforming the sector and showcasing its potential in the market.

SKP Securities, a microcap finance and non-banking financial company (NBFC), has recently hit a 52-week high on January 31, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On January 31, the stock reached a new high of Rs.113.86, outperforming the sector by 16.2%. It has also been on a consecutive gain for the past 3 days, with a remarkable 42.18% increase in returns during this period. The stock opened with a significant gain of 15.92% today and touched an intraday high of Rs.113.86, which is a 19.99% increase.

Moreover, SKP Securities is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In the past year, SKP Securities has shown a strong performance with a 46.16% increase, while the Sensex has only seen a 19.32% growth. This showcases the company's potential and growth in the market.

SKP Securities is a microcap company in the finance and NBFC industry, and its recent high in the market is a testament to its success and growth. With a 'Hold' call by MarketsMOJO, investors can keep an eye on this stock for potential opportunities in the future.
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