Gretex Corporate Services Hits New 52-Week High Amid Strong Performance Metrics

Dec 30 2024 09:35 AM IST
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Gretex Corporate Services has experienced a notable revision in its stock evaluation, reflecting its strong market performance. The company recently reached a new 52-week high, outperforming its sector and demonstrating a consistent upward trend. Additionally, Gretex has been added to MarketsMojo's list, highlighting its impressive growth metrics.
Gretex Corporate Services, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a new 52-week high, with its stock price hitting Rs. 775 on December 30, 2024. This milestone reflects a significant performance uptick, as the stock has outperformed its sector by 3.38% today alone.

Over the past four days, Gretex has demonstrated impressive momentum, achieving a remarkable 61.12% return during this period. The stock opened with a gain of 3.34% and maintained its price throughout the trading session, indicating strong market interest. Notably, Gretex has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.

In terms of annual performance, Gretex Corporate Services has delivered a striking 122.80% return over the past year, significantly outpacing the Sensex, which recorded an 8.73% increase in the same timeframe. However, the stock has exhibited erratic trading patterns, with no trades occurring on one day out of the last 20.
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