Finkurve Financial Services, a small-cap NBFC, has shown strong performance, gaining 5.22% today and accumulating a total return of 24.45% over the past three days. The stock has outperformed its sector and is trading above key moving averages, although technical indicators suggest a mixed outlook.
Finkurve Financial Services, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has opened today with a notable gain of 5.22%, reflecting a significant gap up. This performance marks a continuation of a positive trend, as the stock has been on an upward trajectory for the past three days, accumulating a total return of 24.45% during this period.
In today’s trading, Finkurve reached an intraday high of Rs 125.45, showcasing a 10% increase. The stock has outperformed its sector by 10.08%, indicating strong relative strength in the market. Over the past month, Finkurve Financial Services has delivered a robust performance, rising 24.27%, while the Sensex has only managed a modest 0.83% gain.
From a technical perspective, Finkurve is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a favorable position in the market. However, the stock’s MACD indicates a bearish trend on a weekly basis, while the monthly outlook appears mildly bearish. With a beta of 1.35, Finkurve is classified as a high beta stock, indicating that it tends to experience larger fluctuations compared to the broader market.