Microcap Finance Company Dalal Street Investments Surges to 52-Week High, Outperforming Sector and Sensex

Dalal Street Investments, a microcap finance company, has recently seen a surge in its stock price, reaching a 52-week high of Rs. 535.3 on January 24, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

Despite the recent high, Dalal Street Investments has underperformed the finance/NBFC sector by -0.41% in today's trading session. However, the company's stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Dalal Street Investments has shown an impressive performance, with a growth of 129.72%, outperforming the Sensex's performance of 15.40%. This showcases the company's strong financials and potential for growth in the finance industry.

As a microcap company, Dalal Street Investments may not be on the radar of many investors, but its recent stock performance and consistent growth make it a company to watch out for in the finance/NBFC sector. With a strong track record and positive market sentiment, Dalal Street Investments is definitely a company to keep an eye on.