ACME Solar Holdings Reaches All-Time High, Signaling Strong Market Resilience

ACME Solar Holdings has shown significant activity today, reflecting its strong market position within the holding company sector. The stock has recently reached an all-time high, indicating robust performance trends. Currently, it is just 1.08% away from its 52-week high of Rs 304.15, demonstrating its resilience in the market.
In today's trading, ACME Solar Holdings outperformed its sector by 4.27%, with a notable intraday high of Rs 300.9, marking a 3.54% increase. Over the past two days, the stock has gained 4.92%, contributing to a weekly performance of 7.96%, significantly surpassing the Sensex's 0.23% during the same period.

ACME Solar Holdings has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Year-to-date, the stock has achieved a remarkable 29.18% increase, compared to the Sensex's 4.25%. However, its performance over the last three, five, and ten years shows a flat trajectory, contrasting with the Sensex's substantial growth during those periods.