Vivid Mercantile's Stock Price Reaches All-Time High, Outperforming Sector by 2.27%

Mar 13 2024 09:20 AM IST
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Vivid Mercantile, a microcap real estate company, has seen a surge in its stock price, reaching an all-time high of Rs.90 on March 13, 2024. Despite a 'Sell' rating from MarketsMojo, the stock has outperformed the sector by 2.27% and has been on a consecutive gain for the last 6 days. Its impressive growth of 133.77% in the past year showcases its potential in the real estate industry.

Vivid Mercantile, a microcap real estate company, has been making headlines in the stock market as its stock price reached an all-time high of Rs.90 on March 13, 2024. This surge in price has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Vivid Mercantile is currently 'Sell'. However, the company's performance today has outperformed the sector by 2.27%, indicating a positive trend.

The stock has been on a consecutive gain for the last 6 days, with a rise of 11.76% during this period. It opened today with a gap up of 2.27% and touched an intraday high of Rs.90. Interestingly, the stock has been trading at this price since its opening, indicating a strong hold.

Vivid Mercantile's performance over the past year has been impressive, with a growth of 133.77% compared to Sensex's 26.91%. This showcases the company's potential and growth in the real estate industry.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. With its strong performance and potential for growth, Vivid Mercantile is definitely a company to watch out for in the real estate sector.
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