Shriram Asset Management Co's Stock Price Surges, Outperforms Sector and Sensex

Shriram Asset Management Co, a microcap finance company, has recently seen a surge in its stock price, reaching a 52-week high on July 29, 2024. The stock has been performing well in the market, outperforming its sector by 1.13% and gaining 6% in the last two days.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Shriram Asset Management Co is 'Sell'. However, the stock has been consistently gaining for the past two days and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Shriram Asset Management Co has shown an impressive performance with a 250.49% increase in its stock price, while the Sensex has only seen a 23.43% growth. This showcases the company's strong performance and potential for growth in the finance/NBFC industry.

Shriram Asset Management Co is a microcap company, indicating its small size in the market. Despite this, the company has managed to attract investors and gain positive attention from stock analysts. With its recent surge in stock price and consistent growth, Shriram Asset Management Co is definitely a company to keep an eye on in the finance/NBFC industry.