Microcap finance company Dalal Street Investments sees impressive stock surge

Dalal Street Investments, a microcap finance company, has recently seen a surge in its stock price, reaching a 52-week high on January 11, 2024. The stock has been on a winning streak for the past 12 days, outperforming the sector by 1.5%. Today, the stock opened at Rs. 463.55 and has since maintained this price.

According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Sell'. However, this does not take away from the impressive performance of Dalal Street Investments, which has gained 24.44% in the past 12 days.

In terms of moving averages, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. This is further supported by the company's 1-year performance, which has seen a significant increase of 97.68%, compared to the Sensex's 19.63% performance.

Dalal Street Investments operates in the finance and non-banking financial sector, catering to the needs of microcap businesses. With its recent stock price surge and strong performance, the company is poised for growth and success in the future. Investors should keep an eye on this promising microcap company.