EFC (I) Shows Resilience Amidst Recent Declines, Outperforming Sector Performance
EFC (I) experienced a notable turnaround on January 14, 2025, with a significant increase following three days of declines. The stock outperformed its sector and is currently above its 100-day and 200-day moving averages, despite a decline over the past month. It has been recognized as a Reliable Performer since late October 2024.
EFC (I) has shown a significant turnaround today, with a notable increase of 7.39% on January 14, 2025, following three days of declines. The stock reached an intraday high of Rs 594.95, reflecting a 7.2% rise during the trading session, allowing it to outperform its sector by 6.66%. Despite a 12.27% decline over the past month, EFC (I) has demonstrated resilience in today's trading, contrasting sharply with the Sensex's modest gain of 0.26%. The stock is currently positioned above its 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day averages. EFC (I) has been recognized as part of the Reliable Performers category since October 28, 2024, indicating a consistent performance trend in the market.
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