Mega Corporation Hits 52-Week High with 59.43% Surge in Ten Days

Mega Corporation, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently reached a new 52-week high of Rs. 3.84 as of December 30, 2024. This milestone reflects a significant upward trend, with the stock outperforming its sector by 4.73% on the same day.
Over the past ten days, Mega Corporation has demonstrated impressive momentum, achieving a remarkable 59.43% increase in returns. This consistent performance has positioned the stock above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong bullish trend.

In terms of annual performance, Mega Corporation has delivered a staggering 153.04% return over the past year, significantly outpacing the Sensex, which recorded an 8.73% increase during the same period. This performance highlights Mega Corporation's robust market position within the finance sector, showcasing its ability to navigate the competitive landscape effectively.