Trio Mercantile & Trading Ltd's Stock Reaches 52-Week High, Outperforms Sector

Apr 29 2024 10:35 AM IST
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Trio Mercantile & Trading Ltd, a microcap finance company, has seen a surge in its stock price, reaching a 52-week high on April 29, 2024. The company has outperformed the sector by 1.01% and has shown consecutive gains with a 16.67% increase in returns. Its strong performance and positive trend make it a company to watch in the finance/NBFC industry.


Trio Mercantile & Trading Ltd, a microcap finance company, has been making waves in the stock market as its share price reached a 52-week high on April 29, 2024. The stock, which is currently trading at Rs.1.19, has been gaining for the last four days and has outperformed the sector by 1.01%. This marks a consecutive gain for the company, with a 16.67% increase in returns during this period.

The company's strong performance can also be seen in its moving averages, with Trio Mercantile & Trading trading higher than the 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 Sensex, Trio Mercantile & Trading has shown an impressive 1-year performance of 56.58%, while the Sensex has only seen a 21.57% increase. This showcases the company's strong growth and potential in the finance/NBFC industry.

MarketsMOJO has given a 'Sell' call for Trio Mercantile & Trading, but with its recent performance and strong fundamentals, the company seems to be on a positive trajectory. Investors should keep an eye on this microcap company as it continues to make strides in the stock market.
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