Summit Securities Starts Strong with 5.63% Gain, Outperforms Sector and Market

Nov 01 2024 06:36 PM IST
share
Share Via
Summit Securities, a smallcap finance/NBFC company, had a strong start to the day with a 5.63% gain, outperforming the sector by 1.51%. Despite high volatility, the stock has been trading above its moving averages, indicating a positive trend. It has also outperformed the overall market in the past month. MarketsMojo has given a 'Hold' call for the stock.

Summit Securities, a smallcap company in the finance/NBFC industry, saw a positive start to the day as its stock opened with a gain of 5.63%. This outperformed the sector by 1.51%, indicating a strong start for the company. The stock continued to show strength as it touched an intraday high of Rs 2848, with a high volatility of 6.44%.

Despite the high volatility, Summit Securities has been 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 overall market performance, Summit Securities has shown a 1 day performance of 2.81% while the Sensex has seen a -0.17% performance. Over the past month, Summit Securities has also outperformed the Sensex with a performance of -1.70% compared to -5.29% for the Sensex.

Based on these factors, MarketsMOJO has given a 'Hold' call for Summit Securities. Investors are advised to closely monitor the stock's performance and make informed decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News