Viji Finance Ltd Experiences Significant Surge Amidst Increased Investor Participation in NBFC Sector
Viji Finance Ltd, a microcap in the NBFC sector, reached its upper circuit limit today, reflecting strong market performance. The stock recorded significant trading activity, with a notable increase in delivery volume. It has gained for three consecutive days, indicating positive momentum and heightened investor interest.
Viji Finance Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 3.18. The stock experienced a notable change of 0.53, reflecting a 20% increase in its value. This surge comes as Viji Finance outperformed its sector by 20.22%, indicating strong market performance.Throughout the trading session, the stock recorded a low price of Rs 2.67, with a total traded volume of approximately 26.35 lakh shares and a turnover of Rs 0.80 crore. The stock has been on an upward trajectory, gaining for three consecutive days and achieving a cumulative return of 34.75% during this period.
In terms of moving averages, Viji Finance is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a positive trend. Additionally, the delivery volume has seen a significant increase, rising by 174.14% compared to the 5-day average, indicating heightened investor participation.
Overall, Viji Finance Ltd's performance today underscores its strong market position and positive momentum within the NBFC sector.
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