First Custodian Fund(I) Sees Revision in Score Amid Strong Market Performance First Custodian Fund(I), a microcap player in the finance and non-banking financial company (NBFC) sector, has recently captured attention as its stock price reached a new 52-week high of Rs.165.9 on December 31, 2024. This achievement marks a significant milestone for the company, showcasing its resilience and growth potential. In a noteworthy performance, First Custodian Fund(I) outperformed its sector by 5.45% today, continuing a positive trend with five consecutive days of gains, resulting in an impressive 21.95% return over this period. The stock opened with a notable gain of 5%, reflecting strong market activity, and reached an intraday high of Rs.165.9. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust momentum. Over the past year, First Custodian Fund(I) has delivered a remarkable performance, soaring by 176.92%, significantly outpacing the Sensex, which recorded a gain of just 7.61%. In light of these developments, MarketsMOJO has made an adjustment in its evaluation of First Custodian Fund(I), reflecting the stock's evolving market position and performance indicators. Investors and market watchers will be keen to see how this revision influences future trading activity and investor sentiment.
First Custodian Fund(I) has achieved a significant milestone, reaching a 52-week high of Rs. 165.9, reflecting its strong performance in the finance sector. However, MarketsMojo has made a revision in its score for the stock, indicating a shift in evaluation despite its recent upward trend and market outperformance.
First Custodian Fund(I), a microcap player in the finance and non-banking financial company (NBFC) sector, has recently made headlines as its stock price reached a new 52-week high of Rs.165.9. This milestone was achieved on December 31, 2024, marking a significant moment for the company. In a noteworthy performance, First Custodian Fund(I) outperformed its sector by 5.45% today, continuing a positive trend with five consecutive days of gains, resulting in an impressive 21.95% return over this period. The stock opened with a notable gain of 5%, reflecting strong market activity, and reached an intraday high of Rs.165.9.
Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating robust momentum. Over the past year, First Custodian Fund(I) has delivered a remarkable performance, soaring by 176.92%, significantly outpacing the Sensex, which recorded a gain of just 7.61%.
In light of these developments, MarketsMOJO has made an adjustment in its evaluation of First Custodian Fund(I), reflecting the stock's evolving market position.
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