VeriSign Hits 52-Week High After Buffett Investment

Aurum Proptech and Avro India, both microcap companies, achieved all-time high stock prices on January 1, 2025, with Aurum rising 5.53% and Avro soaring to ₹206.55, marking an 86.5% increase over the past year. Aurum's stock has consistently performed above key moving averages, indicating a robust upward trend, although it currently holds a 'Sell' rating from MarketsMOJO. Similarly, Avro India exhibits strong market performance and also trades above its moving averages, receiving a 'Hold' rating. VeriSign has reached 52-week highs, driven by significant investments from Warren Buffett's Berkshire Hathaway, which has purchased shares worth approximately $90 million, reflecting confidence in the company's long-term growth. Despite the positive outlook, VeriSign faces challenges with declining new registrations and renewal rates, prompting management to initiate new marketing programs. Meanwhile, Shri Venkatesh Refineries has shown a remarkable 130.15% increase over the past year, yet it also has a cautious 'Sell' rating amidst recent declines after a period of gains.