CESC Stock Sees 3.6% Increase, Outperforms Peers and Sensex in Recent Market Trend

CESC, a leading power generation and distribution company, saw a 3.6% increase in its stock price on October 18, 2024. This gain was in line with the overall performance of the sector, as the company outperformed its peers by 3.22%.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for CESC is 'Sell'. However, the stock has shown a trend reversal after two consecutive days of falling, indicating a potential upward movement in the near future.

On the day of October 18, CESC's stock reached an intraday high of Rs 199.95, showing a 3.63% increase, and an intraday low of Rs 187.4, showing a 2.88% decrease. The stock has been highly volatile, with an intraday volatility of 5%, calculated from the weighted average price.

CESC's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In comparison to the overall performance of the Sensex, CESC's stock has outperformed with a 1-day performance of 2.59% versus the Sensex's -0.21%. Similarly, in the past month, CESC's stock has shown a 2.94% increase, while the Sensex has shown a -2.54% decrease.

Overall, CESC's stock has shown a positive trend in the market, with a recent gain and outperforming its peers and the Sensex. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.