Gretex Corporate Services' Stock Hits All-Time High, Outperforms Sector and Market

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 stock price 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 positive performance.


Gretex Corporate Services, a microcap company in the finance/NBFC industry, has recently seen its stock price reach an all-time high on June 3rd, 2024. This news has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

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 significant gain of 8.25% today and touched an intraday high of Rs. 617.

Interestingly, the stock has maintained a steady price range since opening at Rs. 617, indicating a strong hold in the market. Gretex Corporate Services is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further showcasing its positive performance.

In terms of sector performance, Finance/NBFC has gained by 3.51%, indicating a positive trend in the industry. Looking at the overall performance, Gretex Corporate Services has shown an impressive 1-year performance of 125.24%, while the Sensex has only seen a 21.49% growth.

This news of Gretex Corporate Services' stock reaching an all-time high is a positive development for the company and its investors. With a strong performance in the finance/NBFC sector and a steady hold in the market, the company is poised for continued success in the future.
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