Mangalam Industrial Finance Ltd: Microcap Company Sees Surge in Stock Price, Outperforms Sector and Sensex

Jan 29 2024 11:20 AM IST
share
Share Via
Mangalam Industrial Finance Ltd, a microcap finance company, has seen a surge in its stock price, reaching a 52-week high on January 29, 2024. Despite a recent trend reversal and a 'Sell' rating from MarketsMojo, the company has outperformed the finance/NBFC sector and the Sensex in the past year, showcasing its potential for growth and success.

Mangalam Industrial Finance Ltd, a microcap finance company, has recently seen a surge in its stock price, reaching a 52-week high on January 29, 2024. However, according to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as a 'Sell'.

The stock has underperformed the finance/NBFC sector by -9.77% today and has also seen a trend reversal after 6 consecutive days of gains. Despite this, Mangalam Industrial Finance is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Mangalam Industrial Finance has shown a strong performance with a 93.56% increase in its stock price, outperforming the Sensex's 20.64% growth. This highlights the company's potential for growth and its ability to deliver returns to its investors.

Mangalam Industrial Finance is a microcap company in the finance/NBFC industry, catering to the financial needs of small and medium-sized businesses. With its recent stock price surge and strong performance, the company is poised for further growth and success in the future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News