In recent times, Repco Home Finance jumped 4.39 per cent to Rs 258.10. The shares of the company have surged 62.99 per cent in five sessions. On the daily relative strength index (RSI), the stock has stood at 89.22. The RSI oscillates scale will be zero to 100, which can be identified by above 70 is considered overbought, and below 30 is considered oversold.

On the daily chart, the stock was trading above its 50-day, 100-day, and 200-day simple moving average (SMA) at 146.83, 157.98 and 206.73, respectively.

On the Bombay Stock Exchange (BSE), 2.02 lakh shares were traded on the counter compared with daily average volumes of 1.37 lakh shares. The company’s shares hit a high of Rs 271.95 and a low of Rs 248. On 20 August 2021, the stock hit a 52-week high of Rs 345 compared to a low of 52-week of Ra 113.35 as of 23 June 2022. In July, the stock outperformed the market, rising by 61.42 per cent against with 4.87 per cent rise in the Sensex.

Every quarter, the stock outperformed the market soaring 64.68 per cent against Sensex’s 8.24 per cent rise. The stock underperformed in FY21, falling 17.21 per cent against Sensex’s 6.28 per cent rise.

The company’s consolidated net profit has surged by 93.2 per cent to Rs 62.07 crore. The total income in the Apr-Jun quarter FY23 to Rs 307 crore compared to Apr-Jun FY22.