Sundaram Finance Holdings Hits All-Time High, Receives 'Strong Buy' Call from MarketsMOJO

Aug 20 2024 09:35 AM IST
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Sundaram Finance Holdings, a top finance and NBFC company, has achieved a record high stock price of Rs. 314 on August 20, 2024. This has been recognized by MarketsMojo, who have given a 'Strong Buy' call for the company. Sundaram Finance Holdings has outperformed the sector and its moving averages, and has shown impressive growth of 150.10% in the past year.

Sundaram Finance Holdings, a leading finance and non-banking financial company (NBFC), has recently reached an all-time high in its stock price. On August 20, 2024, the company's stock price hit a new high of Rs. 314, which is a significant milestone for the company.

This positive trend in the stock price has been recognized by MarketsMOJO, a leading stock market analysis and recommendation platform. They have given a 'Strong Buy' call for Sundaram Finance Holdings, indicating a positive outlook for the company's future performance.

In terms of price performance, Sundaram Finance Holdings has outperformed the sector by 2.15% today. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a strong indication of its upward momentum.

Looking at the company's performance over the past year, Sundaram Finance Holdings has shown an impressive growth of 150.10%, while the Sensex has only grown by 24.09%. This further highlights the company's strong performance and potential for future growth.

Sundaram Finance Holdings has established itself as a leading player in the finance and NBFC industry, with a strong track record of delivering value to its shareholders. With its recent stock price reaching an all-time high and a 'Strong Buy' call from MarketsMOJO, the company is poised for continued success in the future.
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