Chandrima Mercantiles Achieves Record Stock Price Amidst Strong Sector Performance
Chandrima Mercantiles has achieved an all-time high stock price of Rs. 104.79, marking a significant milestone for the microcap company in the finance and NBFC sector. The stock has shown exceptional performance over the past year, significantly outperforming the broader market and maintaining a strong upward trend.
Chandrima Mercantiles has reached an all-time high stock price of Rs. 104.79 today, marking a significant milestone for the microcap company in the finance and non-banking financial company (NBFC) sector. Over the past year, the stock has demonstrated remarkable performance, surging by 1466.37%, in stark contrast to the Sensex's modest increase of 4.75%.Today, the stock outperformed its sector by 2.55%, continuing a robust upward trend with consecutive gains over the last 12 days, resulting in a total return of 26.68% during this period. The stock opened at Rs. 104.79 and has maintained this price throughout the trading session.
Chandrima Mercantiles is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, underscoring its strong performance relative to these key benchmarks. These achievements reflect the company's solid position within the finance industry.
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