GSFC Stock Hits 52-Week High, Outperforms Market with 457% Growth in Past Year

Gujarat State Financial Corporation (GSFC) has reached a new milestone as its stock price hit a 52-week high on February 5th, 2024. The stock has been on a winning streak for the past 12 days, gaining an impressive 79.19% in returns during this period. Today, the stock opened with a gain of 4.99% and touched an intraday high of Rs. 38.06, which is also its all-time high.

According to MarketsMOJO, the stock is currently rated as a 'Sell'. However, it has outperformed the sector by 4.47% today. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the past year, Gujarat State Financial Corporation has shown an impressive performance with a 457.25% increase in its stock price, while the Sensex has only grown by 18.50%. This highlights the company's strong growth potential and its ability to outperform the market.

Gujarat State Financial Corporation is a microcap company in the finance/NBFC industry. Its stock price surge to a new high is a testament to its strong financial performance and market position. Investors should keep an eye on this company as it continues to make strides in the industry.