Viji Finance's Stock Hits 52-Week High, Outperforms Sector by 1.83%

Apr 24 2024 09:35 AM IST
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Viji Finance, a microcap finance company, has seen a surge in its stock price, hitting a 52-week high and outperforming the sector by 1.83%. Despite a 'Sell' rating from MarketsMojo, the company's impressive performance over the past year and strong financials make it a company to watch in the finance industry.


Viji Finance, a microcap finance company, has recently seen a surge in its stock price, hitting a 52-week high on April 24, 2024. The stock has been on a winning streak for the past 9 days, outperforming the sector by 1.83%. This has resulted in a 23.87% increase in returns for investors during this period.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current stock call for Viji Finance is 'Sell'. However, the company's performance over the past year has been impressive, with a 78.64% increase in stock price compared to the Sensex's 23.04% growth.

Viji Finance operates in the finance and non-banking financial sector, catering to the needs of micro and small businesses. The company's success can be attributed to its strong financials and consistent growth, as evident from its trading above all major moving averages - 5 day, 20 day, 50 day, 100 day, and 200 day.

Investors should note that this article is purely informative and does not offer any recommendations or predictions about the future potential of Viji Finance. It is important to conduct thorough research and consult with a financial advisor before making any investment decisions. With its current performance and strong fundamentals, Viji Finance is definitely a company to keep an eye on in the finance industry.
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