ACME Solar Holdings Faces Stock Volatility Amid Broader Renewable Energy Trends
ACME Solar Holdings has faced notable stock volatility on February 10, 2025, marking its second consecutive day of losses. The stock reached an intraday low and has shown a decline over the past month, contrasting with the broader Sensex index's slight gain. Moving averages indicate a challenging market position.
ACME Solar Holdings, a midcap player in the renewable energy sector, has experienced significant volatility in its stock performance today, February 10, 2025. The stock has declined by 6.5%, underperforming the sector by 7.39%. This marks the second consecutive day of losses, with a total drop of 9.63% over this period.During today's trading session, ACME Solar Holdings reached an intraday low of Rs 217.45, reflecting a decrease of 6.99%. The stock's performance over the past month also shows a decline of 5.81%, contrasting with a slight gain of 0.12% in the broader Sensex index.
In terms of moving averages, the stock is currently positioned higher than its 20-day moving average but remains below the 5-day, 50-day, 100-day, and 200-day moving averages. These metrics indicate a challenging market position for ACME Solar Holdings as it navigates recent trends in the renewable energy industry.
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