Recent Price Movement and Sector Context
GIC Housing Finance's share price increase on 19-Dec comes amid a broader positive trend in the housing finance sector, which gained 2.43% on the same day. The stock touched an intraday high of ₹174.60, marking a 2.28% rise during trading hours. Although the stock slightly underperformed its sector by 0.38% on the day, the overall sectoral strength has provided a supportive backdrop for the stock's upward movement.
The stock's current price is positioned above its short-term moving averages—specifically the 5-day, 20-day, and 50-day averages—indicating recent positive momentum. However, it remains below the longer-term 100-day and 200-day moving averages, suggesting that while short-term sentiment is improving, the stock has yet...
Read More












