Trustedge Capital Ltd Hits New 52-Week High at Rs.166.35

Stock Performance and Recent Momentum

On the day of this milestone, Trustedge Capital Ltd outperformed its sector peers by 2.89%, closing with a notable 3.43% gain. The stock touched an intraday high of Rs.166.35, representing a 4.79% increase from its previous close. This surge is part of a three-day consecutive gain streak, during which the stock has delivered a cumulative return of 10.54%. Such sustained upward movement underscores the strength of the buying interest and positive sentiment surrounding the company’s shares.

Trustedge Capital Ltd is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates a strong bullish trend and suggests that the stock’s price momentum is well supported by recent trading activity.

Year-on-Year Performance Comparison

Over the past twelve months, Trustedge Capital Ltd has delivered an exceptional return of 336.21%, vastly outperforming the broader market benchmark, the Sensex, which recorded a modest gain of 9.61% during the same period. The stock’s 52-week low was Rs.30.91, highlighting the remarkable appreciation in value over the year. This performance places Trustedge Capital Ltd among the top performers within the NBFC sector and the wider market.

Market Context and Sector Comparison

While Trustedge Capital Ltd has been on a strong upward trajectory, the broader market has experienced some volatility. On the same day, the Sensex opened positively, rising by 102.63 points, but later declined by 286.67 points to close at 83,266.92, down 0.22%. The Sensex remains 3.47% below its own 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50-day average itself remains above the 200-day moving average, indicating a mixed technical picture for the benchmark index.

In contrast, Trustedge Capital Ltd’s stock price strength and technical indicators suggest a more favourable position relative to the broader market and its NBFC peers. The company’s market capitalisation grade stands at 4, reflecting its sizeable presence within the sector.

Mojo Score and Rating Update

Trustedge Capital Ltd currently holds a Mojo Score of 40.0, with a Mojo Grade of Sell as of 5 Nov 2024, upgraded from a previous Strong Sell rating. This change in rating reflects an improvement in the company’s overall assessment metrics, although the grade remains cautious. The Mojo framework considers various factors including financial health, valuation, and price momentum, providing a comprehensive view of the stock’s quality and risk profile.

Summary of Key Metrics

To summarise, Trustedge Capital Ltd’s stock has demonstrated remarkable strength over the past year, with a 336.21% gain and a fresh 52-week high of Rs.166.35. The stock’s current trading levels above all major moving averages reinforce the positive momentum. Despite a cautious Mojo Grade of Sell, the stock’s recent performance and technical indicators highlight its significant rally within the NBFC sector.

Meanwhile, the broader market has shown some weakness, with the Sensex closing slightly lower and remaining below its 50-day moving average. This divergence emphasises Trustedge Capital Ltd’s relative outperformance and resilience in a fluctuating market environment.

Conclusion

Trustedge Capital Ltd’s achievement of a new 52-week high at Rs.166.35 marks a notable milestone in its market journey. The stock’s sustained gains, strong technical positioning, and substantial year-on-year returns reflect a period of robust performance. This milestone is a testament to the stock’s momentum and its standing within the NBFC sector as of 18 Feb 2026.

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