Indo Thai Securities Reaches All-Time High Amidst Strong Market Outperformance

Jan 15 2025 12:50 PM IST
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Indo Thai Securities has demonstrated notable performance in the finance and NBFC sector, achieving a new all-time high and significant returns over the past two weeks. The stock consistently trades above key moving averages, highlighting its strong upward trend compared to the broader market.
Indo Thai Securities, a small-cap entity in the finance and non-banking financial company (NBFC) sector, has exhibited significant activity today, opening with a 5.0% gain and reaching a new 52-week and all-time high of Rs. 1998.8. This performance has allowed the stock to outperform its sector by 5.08%.

Over the last 14 days, Indo Thai Securities has shown a strong upward trend, accumulating an impressive 81.71% return. The stock has maintained its opening price of Rs. 1998.8 throughout the trading day, with an intraday high matching this figure.

From a technical perspective, Indo Thai Securities is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance trajectory. In contrast to the broader market, the stock's one-day performance of 5.00% stands out against the Sensex, which recorded a modest gain of 0.45%. Additionally, over the past month, Indo Thai Securities has achieved a remarkable 74.57% increase, while the Sensex has declined by 6.44%.
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