Sundaram Finance's Stock Sees Positive Trend, Rated as 'Hold' by MarketsMOJO

Sundaram Finance, a leading finance and non-banking financial company (NBFC) in India, has seen a positive trend in its stock performance. On September 26, 2024, the company's stock gained 3.02%, closing at Rs 5096.3. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock is currently trading close to its 52-week high of Rs 5169.2, with a difference of only 1.89%. It has also outperformed the sector by 2.77% today, opening with a gain of 2.33%. The intraday high for the stock was Rs 5096.3, a 3.48% increase from the previous day's close.

Sundaram Finance's stock is currently 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, the company's stock has outperformed with a 1-day performance of 2.75% versus the Sensex's 0.26% performance. In the past month, Sundaram Finance's stock has shown a strong growth of 15.41%, while the Sensex has only grown by 4.52%.

With its consistent performance and positive trend, Sundaram Finance continues to be a strong player in the finance and NBFC industry. Investors can keep a close watch on the company's stock as it shows potential for further growth.