Deep Energy Resources Hits 52-Week High, Shows Strong Performance in Oil Industry

Sep 06 2024 09:35 AM IST
share
Share Via
Deep Energy Resources, a smallcap company in the oil exploration and refineries industry, has hit a 52-week high on September 6, 2024. Despite underperforming the sector today, the stock has shown a strong performance in the past year with a 110.53% increase. It is currently trading higher than its moving averages.

Deep Energy Resources, a smallcap company in the oil exploration and refineries industry, has recently hit a 52-week high on September 6, 2024. The stock, which is currently trading at Rs. 348, has been given a 'Sell' call by MarketsMOJO.

Despite underperforming the sector by -0.45% today, Deep Energy Resources has shown a strong performance in the past year with a 110.53% increase in its stock price. In comparison, the Sensex has only seen a 24.78% growth in the same time period.

The stock opened with a gain of 4.82% today, but has since fallen after four consecutive days of gains. It touched an intraday high of Rs. 348 and a low of Rs. 318.1. Deep Energy Resources is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

While there has been no mention of investor interest or expert opinions, the stock's performance speaks for itself. Deep Energy Resources has shown a strong upward trend in the past year, making it a potential investment opportunity for those interested in the oil exploration and refineries industry. However, it is important to note that this article is purely informative and does not serve as a recommendation to buy or sell the stock.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News