Arihant Capital Markets' Stock Reaches All-Time High, Outperforms Sector and Sensex
Arihant Capital Markets, a smallcap finance company, has been gaining attention in the stock market with its share price reaching an all-time high on September 13, 2024. The stock has been on an upward trend for the past three days, outperforming the sector and receiving a 'Buy' call from MarketsMojo. With a strong performance and positive outlook, the company is a promising investment option in the finance/NBFC industry.
Arihant Capital Markets, a smallcap finance company, has been making waves in the stock market as its share price reached an all-time high on September 13, 2024. The stock has been on an upward trend for the past three days, gaining 6.94% in returns during this period. Today, it opened with a gain of 2.85% and touched an intraday high of Rs 107.99, outperforming the sector by 0.76%.
MarketsMOJO has given a 'Buy' call for Arihant Capital Markets, further boosting investor confidence in the company. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance.
In the past year, Arihant Capital Markets has outperformed the Sensex with a 63.74% return compared to the Sensex's 22.84% performance. This showcases the company's strong growth and potential in the finance/NBFC industry.
Arihant Capital Markets has been consistently delivering positive results, making it a promising investment option for those looking to diversify their portfolio. With its strong performance and positive outlook, the company is definitely one to watch out for in the stock market.
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