Microcap finance company Dalal Street Investments hits 52-week high, outperforms sector

Jan 31 2024 10:05 AM IST
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Dalal Street Investments, a microcap finance company, has hit a 52-week high on January 31, 2024. With a 'Sell' call by MarketsMojo, the stock opened with a 2% gain and reached an intraday high of Rs 579.35. It has been on a consecutive gain for the past 10 days and is trading above its moving averages, indicating a positive trend. The company has shown a remarkable 1-year performance of 146.43%, outperforming the Sensex. Investors and experts are closely monitoring the company's growth and potential in the finance/NBFC industry.

Dalal Street Investments, a microcap finance company, has recently hit a 52-week high on January 31, 2024. The stock has been performing well, with a 'Sell' call by MarketsMOJO. Today, the stock opened with a gain of 2% and touched an intraday high of Rs 579.35, outperforming the sector by 1.87%.

In the last 10 days, the stock has been on a consecutive gain, rising 21.71% in the period. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex performance of 19.65%, Dalal Street Investments has shown a remarkable 1-year performance of 146.43%. This showcases the company's strong growth and potential in the finance/NBFC industry.

Investors and experts are closely watching Dalal Street Investments as it continues to make strides in the market. With its recent 52-week high and consistent gains, the company is proving to be a strong player in the microcap segment. However, it is important to note that this is not a recommendation to buy or sell the stock, as it is based on fact-based information.
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