Chandrima Mercantiles Achieves 52-Week High Amidst Strong Market Performance

Jan 14 2025 10:35 AM IST
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Chandrima Mercantiles, a microcap in the finance and NBFC sector, achieved a 52-week high of Rs. 102.75, reflecting strong performance with an 11-day upward trend and a 24.21% return. The stock has surged 1510.50% over the past year, significantly outperforming the Sensex.
Chandrima Mercantiles, a microcap player in the finance and non-banking financial company (NBFC) sector, has reached a significant milestone by hitting a 52-week high of Rs. 102.75 today. This achievement highlights the stock's strong performance, as it has outperformed its sector by 0.58%.

The stock has demonstrated a consistent upward trend, gaining for 11 consecutive days and delivering an impressive 24.21% return during this period. It opened with a 2% gain today and maintained its trading price at Rs. 102.75 throughout the session.

Chandrima Mercantiles is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust performance relative to these benchmarks. Over the past year, the stock has surged by an extraordinary 1510.50%, significantly outpacing the Sensex, which has recorded a 5.56% increase in the same timeframe.
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