Sundaram Finance Stock Sees Positive Growth and Steady Performance in Recent Period

Sundaram Finance, a leading finance and non-banking financial company (NBFC) in India, has seen a positive growth in its stock price on October 31, 2024. The stock has gained 3.05% on this day, outperforming the sector by 3.73%.

According to MarketsMOJO, a leading stock market analysis and research platform, the stock of Sundaram Finance has been given a 'Hold' call. This indicates that the stock is expected to perform steadily in the near future.

In terms of price performance, Sundaram Finance has been on a consecutive gain for the last 3 days, with a rise of 7.18% in this period. The stock also touched an intraday high of Rs 5008.1, showing a 3.05% increase.

When compared to the moving averages, Sundaram Finance's stock is higher than the 5-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than the 20-day moving average.

In terms of performance against the Sensex, Sundaram Finance has outperformed with a 1-day performance of 2.55% compared to the Sensex's -0.23%. In the last month, the stock has performed better than the Sensex with a -4.88% return compared to the Sensex's -5.35%.

Overall, Sundaram Finance's stock has shown positive growth and steady performance in the recent period, making it a promising choice for investors in the finance/NBFC industry.