Viji Finance's Stock Surges to 52-Week High, Outperforms Sector and Sensex

May 18 2024 12:15 PM IST
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Viji Finance, a microcap finance company, has seen a surge in its stock price, reaching a 52-week high of Rs.3.3 on May 18, 2024. The stock has outperformed the finance/NBFC sector by 1.69% and is trading higher than its moving averages. With a growth of 114.79% in the past year, Viji Finance shows potential in the finance industry.

Viji Finance, a microcap finance company, has recently seen a surge in its stock price, reaching a 52-week high of Rs.3.3 on May 18, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The company's stock has outperformed the finance/NBFC sector by 1.69% today, indicating a positive trend. Viji Finance is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance.

In the past year, Viji Finance has shown an impressive growth of 114.79%, outperforming the Sensex's performance of 20.24%. This showcases the company's potential and resilience in the finance industry.

Viji Finance, being a microcap company, may not be as well-known as its larger counterparts, but its recent stock performance has certainly caught the attention of investors. With its strong performance and positive outlook, Viji Finance is definitely a company to keep an eye on in the finance/NBFC sector.
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Our weekly and monthly stock recommendations are here
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