SRG Housing Finance's Stock Reaches All-Time High, Outperforms Sector and Sensex

Jul 04 2024 09:25 AM IST
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SRG Housing Finance, a microcap company in the finance-housing industry, has seen a surge in its stock price, reaching an all-time high of Rs. 412 on July 4th, 2024. With a 'Buy' call from MarketsMojo and strong performance in the past year, the company shows potential for growth in the stock market.

SRG Housing Finance, a microcap company in the finance-housing industry, has been making waves in the stock market with its recent performance. On July 4th, 2024, the company's stock price reached an all-time high of Rs. 412, which is a significant milestone for the company.

MarketsMOJO, a leading stock market analysis and recommendation platform, has given a 'Buy' call for SRG Housing Finance. This is a positive sign for investors, as the company's stock has been gaining for the last two days and has risen by 22.54% in that period. Today, the stock opened with a gain of 3.94% and touched an intraday high of Rs. 412, outperforming the sector by 2.08%.

The stock has also shown high volatility today, with an intraday volatility of 15.78%. However, despite this, SRG Housing Finance is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the company's stock.

In the past year, SRG Housing Finance has outperformed the Sensex by a significant margin, with a 1-year performance of 83.64% compared to the Sensex's 22.52%. This showcases the company's strong growth and potential in the finance-housing industry.

Investors looking for a promising microcap company in the finance-housing sector should keep an eye on SRG Housing Finance. With its recent all-time high and positive recommendations from MarketsMOJO, the company is definitely one to watch out for in the stock market.
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