Garnet International Experiences Revision in Stock Score Amid Strong Performance Metrics

Garnet International, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently experienced a notable adjustment in its evaluation. The stock has reached a new 52-week high of Rs. 181, marking a significant milestone for the company. On January 10, 2025, Garnet International opened with a gain of 2.76%, outperforming its sector by 0.54% during the trading session. Intraday trading saw the stock achieve a high of Rs. 181, reflecting a robust increase.
Over the past year, Garnet International has demonstrated impressive performance, with a remarkable increase of 138.58%, far exceeding the Sensex's growth of 8.15%. This strong performance is further underscored by the stock's current position above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained upward trend.

In light of these developments, Garnet International has been added to MarketsMOJO's list, signaling a recognition of its potential within the microcap segment of the finance industry. As the company continues to navigate the complexities of the financial landscape, investors are advised to consider the recent changes in its evaluation as they assess their strategies moving forward.