DE Nora India's Stock Soars 18.15%, Outperforms Sector by 16.3% in Latest Trading Session

Jul 02 2024 12:50 PM IST
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DE Nora India, a smallcap company in the electrodes and welding industry, saw a significant increase in its stock price on July 2nd, 2024. The stock gained 18.15%, outperforming the sector by 16.3%. It also showed high volatility and has been trading above its moving averages. However, this is not a recommendation to buy or sell the stock.

DE Nora India, a smallcap company in the electrodes and welding industry, has seen a significant increase in its stock price on July 2nd, 2024. The stock has gained 18.15%, outperforming the sector by 16.3%. MarketsMOJO has given a 'Sell' call for the stock.

In today's trading session, DE Nora India's stock touched an intraday high of Rs 1970, a rise of 17.75%. The stock has also been highly volatile, with an intraday volatility of 8.98%. This is calculated from the weighted average price.

DE Nora India's stock has been on a consecutive gain for the last 2 days, with a total return of 18.09% in this period. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, DE Nora India's stock has outperformed with a 1-day performance of 15.43% while the Sensex has seen a -0.13% performance. In the last month, DE Nora India's stock has also outperformed the Sensex with a 28.41% return compared to the Sensex's 7.31% return.

DE Nora India is a smallcap company in the electrodes and welding industry. The company's stock has shown strong performance in the past few days, but it is important to note that this is not a recommendation to buy or sell the stock. Investors should always do their own research and make informed decisions.
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