Viji Finance's Stock Price Reaches 52-Week High, Outperforms Sector and Market

Viji Finance, a microcap finance company, has been making headlines in the stock market as its stock price reached a 52-week high on April 26, 2024. The company's stock has been on an upward trend for the past 11 days, gaining 38.71% in returns during this period. This outperformance has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading stock market analysis platform, the stock call for Viji Finance is currently 'Sell'. However, the company's performance today has outperformed the sector by 4.67%, indicating a positive momentum in the stock.

Viji Finance's stock price hit a new high of Rs.4.31 today, surpassing its previous 52-week high. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a bullish sign for investors.

In comparison to the Sensex, Viji Finance has shown an impressive 1-year performance of 103.79%, while the Sensex has only gained 23.38% during the same period. This showcases the company's strong growth potential and its ability to outperform the market.

As a microcap finance company, Viji Finance may not be on the radar of many investors, but its recent performance in the stock market is worth noting. With its stock price reaching new highs and outperforming the sector and market, Viji Finance is definitely a company to keep an eye on in the finance/NBFC industry.