Chandrima Mercantiles Achieves Record Stock Price Amidst Exceptional Annual Growth

Jan 18 2025 09:20 AM IST
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Chandrima Mercantiles, a microcap in the finance and NBFC sector, achieved an all-time high stock price of Rs. 109.02 on January 18, 2025. The stock has gained 31.77% over the past two weeks and has shown impressive annual growth of 1378.97%, significantly outperforming the Sensex.
Chandrima Mercantiles, a microcap player in the finance and non-banking financial company (NBFC) sector, has reached an all-time high stock price of Rs. 109.02 on January 18, 2025. This achievement underscores the stock's strong performance, having outperformed its sector by 2.25% on the same day.

Over the last 14 days, the stock has experienced a substantial upward trend, gaining 31.77%. Its price movements have shown stability, trading within a narrow range of Rs. 0.02. Furthermore, it is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust performance relative to these key benchmarks.

In terms of annual performance, Chandrima Mercantiles has delivered an impressive increase of 1378.97% over the past year, significantly surpassing the Sensex's growth of 7.16%. This remarkable performance highlights the company's strong standing within the financial sector.
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