Investment Trust of India Hits 52-Week High, Outperforms Sector with Consistent Growth
The Investment Trust of India, a smallcap finance and NBFC company, has reached a 52-week high on September 24, 2024, with a 'Hold' call by MarketsMojo. The stock has outperformed the sector by 5.1% and has shown consecutive gains for the past 2 days, with a 10.23% increase. It is currently trading above its moving averages and has seen a remarkable 163.74% growth in the past year.
The Investment Trust of India, a smallcap finance and non-banking financial company (NBFC), has recently hit a 52-week high on September 24, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.
On the day of the 52-week high, the stock reached a price of Rs.207.35, outperforming the sector by 5.1%. It has also been on a consecutive gain for the past 2 days, with a 10.23% increase in returns during this period. The stock opened with a gain of 4.46% and touched an intraday high of Rs.207.35, showing a narrow range of Rs.1.7.
The Invest.Trust is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company has shown a remarkable performance with a 163.74% increase, while the Sensex has only seen a 28.64% growth.
The Investment Trust of India is a promising player in the finance and NBFC industry, with its recent surge in stock price and consistent performance. Investors can keep a close eye on this smallcap company as it continues to make strides in the market.
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