Moongipa Capital Finance Hits All-Time High, Outperforms Sector and Sensex

Moongipa Capital Finance, a microcap finance company, has been making waves in the stock market as its price reached an all-time high on September 14, 2024. The stock, which is listed in the finance/NBFC industry, has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On September 14, the stock hit a new 52-week and all-time high of Rs.62.81. However, it underperformed the sector by -0.4% on the same day. Despite this, Moongipa Capital has been on a winning streak for the past four days, with a consecutive gain of 11.11% during this period. This is a positive sign for investors, as the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Moongipa Capital has outperformed the Sensex by a significant margin. In the past year, the stock has seen a growth of 137.44%, while the Sensex has only grown by 22.86%. This shows the strong potential of the company and its ability to generate returns for its investors.

Moongipa Capital Finance is a microcap company, which means it has a relatively small market capitalization. However, its recent performance in the stock market has caught the attention of investors. With a 'Hold' call from MarketsMOJO and a strong track record, Moongipa Capital Finance is definitely a company to watch out for in the finance/NBFC industry.