Grovy India's Stock Reaches All-Time High, Outperforms Sector and Sensex

Oct 28 2024 09:25 AM IST
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Grovy India, a microcap company in the finance/NBFC industry, has been making headlines in the stock market with its stock reaching an all-time high on October 28, 2024. The stock has consistently outperformed the sector and has shown a 21.37% increase in returns in the last 4 days. It is currently rated as a 'Sell' by MarketsMojo.


Grovy India, a microcap company in the finance/NBFC industry, has been making waves in the stock market as its price reached an all-time high on October 28, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Sell'.

The stock opened today at Rs.84.9, hitting a new 52-week high. It has also outperformed the sector by 4.79% and has been on a consecutive gain for the last 4 days, with a 21.37% increase in returns during this period. The stock opened with a gain of 4.94% today and touched an intraday high of Rs.84.9.

Grovy India's performance has been consistently strong, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex, Grovy India has shown an impressive 1-year performance of 324.50%, while the Sensex has only seen a 25.04% increase. This further highlights the company's strong performance and potential for growth.

Investors and experts are closely watching Grovy India's progress, as it continues to make strides in the finance/NBFC industry. With its recent success in the stock market, the company is poised for further growth and success in the future.
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