Sundaram Finance's Stock Reaches New High, Outperforms Sector and Sensex

Sundaram Finance, a leading finance and non-banking financial company (NBFC) in India, has seen a positive trend in its stock performance. On September 27, 2024, the company's stock gained 3.38%, closing at Rs. 5300. This marks a new 52-week and all-time high for the company's stock.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current call for Sundaram Finance's stock is 'Hold'. The stock has also outperformed the sector by 2.73% on the same day.

In the past two days, Sundaram Finance's stock has been on a consecutive gain, rising by 7.41%. The stock touched an intraday high of Rs. 5300, a 3.11% increase, and an intraday low of Rs. 5035.45, a -2.03% decrease.

The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the Sensex, Sundaram Finance's stock has performed well, with a 1-day performance of 3.35% compared to Sensex's -0.25% performance. In the past month, the company's stock has seen a 15.65% increase, while the Sensex has only seen a 4.78% increase.

Overall, Sundaram Finance's stock has shown a strong performance, reaching new highs and outperforming the sector and Sensex. Investors may want to keep an eye on this stock for potential future growth.