JM Financial Hits 52-Week High and Receives 'Buy' Rating from MarketsMOJO

JM Financial, a leading finance and non-banking financial company (NBFC), has recently hit a 52-week high on October 15, 2024. This positive trend has been reflected in the stock call given by MarketsMOJO, which has rated the stock as a 'Buy'.

The stock has shown a strong performance today, outperforming the sector by 3.72%. It has also been on a consecutive gain for the last 5 days, with a remarkable 17.91% increase in returns during this period. The stock touched an intraday high of Rs. 164.95, showing a significant 6.08% increase.

Today, the stock has been highly volatile with an intraday volatility of 29.66%, calculated from the weighted average price. However, this volatility has not affected the overall performance of JM Financial, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, JM Financial has shown an impressive performance with a 85.29% increase, compared to the Sensex's 23.98% performance. This further solidifies the company's position as a strong player in the finance and NBFC industry.

With its recent 52-week high and positive stock call, JM Financial continues to showcase its potential for growth and success in the market. Investors can look forward to a promising future with this midcap company.