Arihant Academy Experiences Revision in Score Amid Strong Market Performance Metrics

Jan 02 2025 01:40 PM IST
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Arihant Academy has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong performance metrics despite a slight underperformance against its sector in today's trading. The stock has shown significant growth over the past year, outperforming the benchmark Sensex, and is currently trading above its moving averages.
Arihant Academy, a microcap player in the educational institutions sector, has recently experienced a revision in its score by MarketsMOJO. This adjustment reflects the stock's performance metrics and market position, particularly following its achievement of an all-time high price on January 2, 2025.

Despite a slight underperformance today, where it lagged behind its sector by 1.01%, Arihant Academy has shown resilience in its longer-term performance. Over the past year, the stock has delivered an impressive return of 46.32%, significantly outpacing the Sensex, which recorded a gain of 10.98% during the same period.

Additionally, the stock is currently trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates a strong position in the market, contributing to its recent addition to MarketsMOJO's list. Investors and market watchers will be keen to observe how these developments influence Arihant Academy's trajectory in the educational sector.
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