Thirdwave Financial Intermediaries Surges 167.56% in 20 Days, Outperforms Sector by 2.03%

Apr 12 2024 10:35 AM IST
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Thirdwave Financial Intermediaries, a microcap finance company, has seen a remarkable 167.56% increase in stock returns in the past 20 days, hitting a 52-week high of Rs.108.47 on April 12, 2024. The stock has consistently outperformed the sector and has shown a strong upward trend, with a 333.88% growth in the past year compared to Sensex's 23.65%. Despite a 'Sell' call from MarketsMojo, Thirdwave Financial Intermediaries has shown promising growth and potential for investors.

Thirdwave Financial Intermediaries, a microcap finance company, has been making waves in the stock market with its recent surge in stock price. On April 12, 2024, the company's stock hit a 52-week high of Rs.108.47, outperforming the sector by 2.03%. This marks the 20th consecutive day of gains for the stock, with a remarkable 167.56% increase in returns during this period.

The stock has been trading at a consistent price of Rs.108.47 since its opening, and is currently higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for Thirdwave Financial Intermediaries.

In comparison to the Sensex, which has seen a 23.65% increase in the past year, Thirdwave Financial Intermediaries has shown an impressive 333.88% growth. This showcases the company's strong performance and potential for growth in the finance industry.

MarketsMOJO has given a 'Sell' call for Thirdwave Financial Intermediaries, but the company's recent performance and consistent upward trend in stock price may suggest otherwise. As a microcap finance company, Thirdwave Financial Intermediaries has shown promising growth and potential for investors.
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