SKP Securities Surges to All-Time High, Outperforms Sector in 10th Consecutive Day of Gains

SKP Securities, a microcap company in the finance and non-banking financial sector, has recently seen a surge in its stock price. On October 21, 2024, the company's stock price reached an all-time high, according to data from MarketsMOJO.

Despite the recent increase, the stock is still 1.87% away from its 52-week high of Rs 305.6. However, it has outperformed the sector by 4.94% in today's trading session. This is the 10th consecutive day of gains for SKP Securities, with a total increase of 81.82% in this period. The stock also touched an intraday high of Rs 302.45, a 6.1% increase from the previous day's close.

In terms of moving averages, SKP Securities is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the past year, SKP Securities has shown a remarkable performance with a 338.86% increase, while the Sensex has only seen a 24.74% increase. This shows the company's strong growth potential and its ability to outperform the market.

Investors and experts are keeping a close eye on SKP Securities as it continues to show promising growth in the finance and NBFC industry. However, it is important to note that this article is based on factual data and does not make any recommendations or mention any potential future developments. As always, it is advisable for investors to conduct their own research and make informed decisions.