Thirdwave Financial Intermediaries Surges 79.4% in 10 Days, Outperforming Sector by 4.72%
Thirdwave Financial Intermediaries, a microcap finance company, has been outperforming the market with its recent stock price reaching a 52-week high of Rs. 72.73 on March 27, 2024. The stock has seen a consecutive 10-day gain and is currently trading above its moving averages, indicating a strong upward trend. Despite a 'Sell' call from MarketsMojo, the company has shown impressive growth potential with a 211.61% increase in the past year.
Thirdwave Financial Intermediaries, a microcap finance company, has been making waves in the stock market with its recent performance. On March 27, 2024, the company's stock price reached a 52-week high of Rs. 72.73, outperforming the sector by 4.72%. This marks a consecutive 10-day gain for the stock, with a remarkable 79.4% increase in returns during this period.
The stock opened today with a gap up of 4.99% and has maintained its high price throughout the day. Thirdwave Fin. is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
In the past year, Thirdwave Financial Intermediaries has shown an impressive performance of 211.61%, while the Sensex has only grown by 26.30%. This highlights the company's strong growth potential and its ability to outperform the market.
MarketsMOJO has given a 'Sell' call for Thirdwave Financial Intermediaries, but with its recent performance, the stock seems to be a promising investment opportunity for investors. As a microcap finance company, Thirdwave Fin. has shown significant growth and has the potential to continue its upward trend in the future.
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