Swastika Investmart's Stock Reaches 52-Week High, Outperforms Sector by 4%

Sep 16 2024 10:05 AM IST
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Swastika Investmart, a microcap finance company, has seen a surge in its stock price, reaching a 52-week high on September 16, 2024. The stock has outperformed the sector by 4% and has shown consecutive gains for the last 3 days. It is currently trading above its moving averages, indicating a positive trend.

Swastika Investmart, a microcap finance company, has recently seen a surge in its stock price, reaching a 52-week high on September 16, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On September 16, the stock hit a new all-time high of Rs. 939.95, outperforming the sector by 4%. It has also shown a consecutive gain for the last 3 days, with a 8.05% increase in returns during this period. The stock opened with a gain of 2.29% today and touched an intraday high of Rs. 939.95, a 4.51% increase.

Swastika Investmart is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company has shown a remarkable performance with a 223.34% increase, while the Sensex has only seen a 22.54% growth.

As a microcap finance company, Swastika Investmart has been able to attract investors with its strong performance in the market. With its stock price reaching a new high, the company is poised for further growth and success in the future.
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