Daulat Securities Ltd Hits 52-Week High, Outperforms Sector with Consecutive Gains

Daulat Securities Ltd, a microcap finance company, has recently seen a surge in its stock price, hitting a 52-week high on April 24, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

On April 24, the stock reached a new high of Rs.39.9, outperforming the sector by 6.59%. It has also been on a consecutive gain for the past 3 days, with a 22.89% increase in returns during this period. The stock opened with a gain of 10.04% today and touched an intraday high of Rs.39.9.

Daulat Securities Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company has shown a strong performance with a 77.78% increase in its stock price, compared to the Sensex's 23.04% performance.

Daulat Securities Ltd operates in the finance and non-banking financial company (NBFC) industry as a microcap company. With its recent surge in stock price and positive market performance, the company is showing promising growth potential in the market. Investors may want to keep an eye on this stock as it continues to make strides in the market.