Wagend Infra Venture Hits 52-Week High, Outperforms Sector with 87.8% Returns

Wagend Infra Venture, a microcap company in the finance/NBFC industry, has recently hit a 52-week high on June 3rd, 2024. The stock has been performing well, with MarketsMOJO giving it a 'Hold' rating.

The stock price of Wagend Infra Venture reached a new high of Rs.2.31 on June 3rd, outperforming the sector by 1.49%. This marks the 13th consecutive day of gains for the company, with a remarkable 87.8% increase in returns during this period. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In comparison to the Sensex performance of 21.41%, Wagend Infra Venture has shown a significant growth of 278.69% in the past year. This showcases the company's strong performance and potential for future growth.

Wagend Infra Venture operates in the finance/NBFC industry, which has seen a gain of 3.09% recently. This further highlights the positive sentiment in the sector and the potential for Wagend Infra Venture to continue its upward trend.

Overall, Wagend Infra Venture has shown impressive performance and growth in the past year, making it a promising company to watch in the finance/NBFC industry. Investors may want to consider holding onto their stocks and monitoring the company's progress in the future.