GFL's Stock Price Surges 10.35%, Outperforms Sector and Sensex on October 21, 2024

Oct 21 2024 09:35 AM IST
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GFL, a smallcap company in the renewable energy industry, saw a 10.35% increase in its stock price on October 21, 2024, reaching a new 52-week high of Rs. 110.9. This outperformed the sector by 9.88% and the Sensex by 9.17% in the last month. The stock is currently trading above its moving averages, indicating a positive trend.

GFL, a smallcap company in the renewable energy industry, has seen a significant increase in its stock price on October 21, 2024. The stock has gained 10.35%, closing at Rs. 110.9, which is also its new 52-week high. This performance has outperformed the sector by 9.88%.

The stock has been on a consecutive gain for the last two days, with a total increase of 18.39% during this period. It also opened with a gain of 2.6% today and reached an intraday high of Rs. 110.9, showing a high level of volatility with an intraday volatility of 5.18%.

GFL's stock is currently trading higher than 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 Sensex performance, GFL has outperformed with a 1-day performance of 9.17% while the Sensex only saw a 0.11% increase. Similarly, in the last month, GFL has shown a 30.87% increase while the Sensex has seen a -3.82% decrease.

While the reasons for this sudden surge in GFL's stock price are not mentioned, it is clear that the company is performing well in the market. Investors should keep an eye on GFL's future performance to make informed decisions.
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