Ceejay Finance's Stock Reaches All-Time High, Outperforms Sector by 4.87%

Ceejay Finance, a microcap finance company, has been making waves in the stock market as its price reached an all-time high on August 29, 2024. The stock, which is currently trading at Rs. 272, has been gaining for the past two days and has outperformed the sector by 4.87%. This is a significant achievement for the company, especially in the current economic climate.

The stock opened with a gain of 5.02% today and touched an intraday high of Rs. 272, which is a 5.04% increase from its previous close. It has also been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Ceejay Finance's performance over the past year has been impressive, with a 75.42% increase in its stock price compared to the Sensex's 25.64% performance. This showcases the company's strong financials and its ability to weather market fluctuations.

While the stock has been performing well, it is important to note that MarketsMOJO has given it a 'Sell' call. However, this should not deter investors from considering Ceejay Finance as a potential investment option. As a microcap company in the finance industry, it has shown promising growth and has the potential to continue its upward trajectory in the future.