Five-Star Business Finance Stock Rises 3.1%, Outperforming Sector and Sensex

KOLKATTA, DEC 26 (ALARIAN) - Notable player in the finance and NBFC sector, Five-Star Business Finance witnessed a notable increase of 3.1% on December 26, 2024, outshining its peers and exceeding market expectations.

The sharp rise led to an intraday high of Rs 795 for the stock, signaling a significant improvement from closing prices. During the same day, the company's performance was noted at 3.41%, providing a positive impression of long-term growth prospects.

Five-Star Business Finance outperformed its sector by 2.35% and significantly exceeded Sensex's meager gain of 0.29% on December 26, 2024, demonstrating strong market position due to better results compared with similar market indices.

The performance over one full month also presents a remarkable trend. Despite recent challenges experienced in other finance sectors which reported 1.63 drop for market benchmark while Five-Star recorded a steady rise of 23.58%.