Dhanlaxmi Cotex Achieves 52-Week High Amid Strong Sector Outperformance

Feb 18 2025 11:55 AM IST
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Dhanlaxmi Cotex, a microcap in the finance and NBFC sector, reached a new 52-week high today, reflecting strong performance with a 34.8% return over six consecutive days. The stock has significantly outperformed its sector and the Sensex over the past year, indicating a robust market position.
Dhanlaxmi Cotex, a microcap player in the finance and non-banking financial company (NBFC) sector, has shown significant activity today, reaching a new 52-week high of Rs. 163.85. This milestone was achieved on February 18, 2025, marking a notable performance as the stock has outperformed its sector by 5.72%.

The stock has been on an upward trajectory, gaining for six consecutive days and delivering an impressive 34.8% return during this period. Today, it opened with a 5% gain, maintaining its trading price at Rs. 163.85 throughout the day, with an intraday high matching this price point.

In terms of moving averages, Dhanlaxmi Cotex is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term and long-term performance trend. Over the past year, the stock has surged by 102.26%, significantly outpacing the Sensex, which has recorded a modest 4.56% increase. This performance underscores Dhanlaxmi Cotex's robust position within the financial sector.
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