Gretex Corporate Services Hits All-Time High in Finance/NBFC Industry, Outperforms Sector

Jun 03 2024 09:34 AM IST
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Gretex Corporate Services, a microcap company in the finance/NBFC industry, has reached an all-time high price of Rs.617 on June 3rd, 2024. The stock has outperformed the sector by 4.81% and has shown a trend reversal after two days of falling. It is also trading higher than its moving averages, indicating a strong hold in the market.


Gretex Corporate Services, a microcap company in the finance/NBFC industry, has recently hit an all-time high price on June 3rd, 2024. This news comes as the stock call for Gretex Corporate by MarketsMOJO is a 'Sell'.

The stock has been performing well, with a new 52-week high of Rs.617 being hit today. It has also outperformed the sector by 4.81% and has shown a trend reversal after two consecutive days of falling. The stock opened with a gain of 8.25% today and reached an intraday high of Rs.617.

Interestingly, the stock has maintained a steady price of 617 since its opening, indicating a strong hold in the market. Gretex Corporate is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In terms of sector performance, Finance/NBFC has gained by 3.51%, which could have contributed to Gretex Corporate's recent success. It is worth noting that Gretex Corporate's 1-year performance has been impressive, with a growth of 125.24%, compared to Sensex's performance of 21.49%.

Overall, Gretex Corporate Services has shown promising growth in the finance/NBFC industry, with its recent all-time high price and strong performance in the market. Investors should keep an eye on this microcap company as it continues to make strides in the sector.
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