CIAN Agro Industries Surges 5% to New All-Time High of Rs. 2989.05 Amid Strong Buying Activity
CIAN Agro Industries & Infrastructure Ltd is witnessing significant buying activity, with the stock gaining 5.00% today, outperforming the Sensex, which rose by only 0.20%. Over the past week, CIAN Agro has surged by 27.63%, while the Sensex recorded a modest increase of 1.39%. The stock's remarkable performance continues with a staggering 174.73% rise over the past month, compared to the Sensex's 1.12% gain.Notably, CIAN Agro has achieved a new 52-week and all-time high of Rs. 2989.05 today, following a consistent upward trend for the last 21 days, accumulating a total return of 174.73% during this period. The stock opened with a gap up of 5% and reached an intraday high of Rs. 2989.05. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.
The edible oil sector, in which CIAN Agro operates, has also shown positive movement, with solvent extraction gaining 4.42%. This sector performance may be contributing to the heightened buying pressure observed in CIAN Agro Industries & Infrastructure Ltd.
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