AD Manum Finance's Stock Reaches All-Time High, Outperforms Sensex by 179%

Sep 29 2024 09:20 AM IST
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AD Manum Finance, a microcap finance company, saw its stock reach an all-time high on September 29, 2024. Despite underperforming the sector today, the stock has been consistently trading above its moving averages and has outperformed the Sensex by 179.05% in the past year. With a 'Hold' call from MarketsMojo, it may be worth considering for investors.

AD Manum Finance, a microcap finance company, has been making waves in the stock market as its price reached an all-time high on September 29, 2024. The stock, which is listed under the finance/NBFC industry, has been given a 'Hold' call by MarketsMOJO.

The stock's performance today has been underwhelming as it underperformed the sector by -5.1%. This comes after 11 consecutive days of gains, indicating a possible trend reversal. However, the stock opened with a gain of 3.18% and touched an intraday high of Rs 142.32, before falling to an intraday low of Rs 131.04 (-5%).

Despite the dip in performance today, AD Manum Finance is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This shows the stock's consistent upward trend in the market.

In terms of overall performance, AD Manum Finance has outperformed the Sensex by a significant margin, with a 1-year performance of 179.05% compared to Sensex's 29.42%. This highlights the company's strong growth and potential in the market.

As a microcap company, AD Manum Finance may not be on the radar of many investors and experts. However, its recent performance and consistent growth make it a stock worth keeping an eye on. With a 'Hold' call from MarketsMOJO, investors may want to consider adding AD Manum Finance to their portfolio.
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