GFL's Stock Soars 8.51% in Renewable Energy Sector, Outperforming Market on October 9th

GFL, a smallcap company in the renewable energy industry, has seen a significant increase in its stock price on October 9th, 2024. The stock gained 8.51%, outperforming the sector by 2.13%. This positive movement comes after a strong sell call by MarketsMOJO.

In today's trading, GFL's stock reached an intraday high of Rs 93.45, a 10.63% increase from the previous day. The stock has been on a consecutive gain for the last 2 days, with a total return of 13.23% during this period. GFL is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.

The renewable energy sector as a whole has also seen a gain of 6.96%, further highlighting the positive sentiment towards GFL and the industry. In comparison, the Sensex, a benchmark index for the Indian stock market, has only seen a 0.52% increase in performance on the same day.

Looking at the longer-term performance, GFL has outperformed the Sensex in both 1-day and 1-month periods, with returns of 7.43% and 8.36%, respectively, compared to the Sensex's 0.52% and 0.62% performance.

Overall, GFL's stock has shown strong growth and positive movement in the renewable energy sector. Investors may want to keep an eye on this smallcap company as it continues to outperform the market.