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Helpage Finlease, a microcap finance company, has recently seen a surge in its stock price, hitting a 52-week high on October 10th, 2024. The stock has been on a winning streak for the past three days, with a consecutive gain of 33.03% during this period. Today, the stock opened with a gain of 9.97% and touched an intraday high of Rs. 31.66.
According to MarketsMOJO, a leading stock market analysis and research platform, the stock is currently rated as a ‘Sell’. However, it has outperformed the sector by 9.47% and is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the past year, Helpage Finlease has shown an impressive performance, with a growth of 128.59%, while the Sensex has only grown by 23.76%. This highlights the company’s strong potential and growth in the finance industry, despite being a microcap company.
Helpage Finlease’s recent surge in stock price can be attributed to its consistent growth and positive performance in the market. As a finance company, it has been able to navigate through the challenging economic conditions and maintain a strong position in the market.
Investors should keep an eye on Helpage Finlease as it continues to show promising growth and potential in the finance industry. However, it is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.