GFL's Renewable Energy Stock Surges 8.04%, Outperforming Sector by 3.4%

GFL, a smallcap company in the renewable energy industry, saw a positive performance on November 18th, 2024. The stock gained 8.04%, outperforming the sector by 3.4%. This comes after two consecutive days of falling stock prices, indicating a potential trend reversal.

The stock reached an intraday high of Rs 102.15, a 7.91% increase, and an intraday low of Rs 89.37, a 5.59% decrease. This high volatility, calculated from the weighted average price, suggests active trading in the stock.

GFL is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. In comparison, the renewable energy sector has also seen a gain of 3.03%.

On a broader scale, GFL has outperformed the Sensex, India's benchmark stock index, with a 1-day performance of 8.19% compared to the Sensex's -0.23%. In the past month, GFL has also outperformed the Sensex with a 3.01% gain while the Sensex saw a -4.71% decrease.

While there has been no mention of investor interest or expert opinions, the stock has been given a 'Sell' call by MarketsMOJO. This news article aims to provide neutral and informative information about GFL's recent performance, without any future potential or recommendations.