GMR Power & Urban Infra Ltd Hits All-Time High, Outperforms Sector by 4.64%

GMR Power & Urban Infra Ltd, a smallcap company in the power industry, has recently hit an all-time high on May 6th, 2024. The stock has been performing well in the market, outperforming its sector by 4.64% today. It has also been gaining for the last three days, with a rise of 15.75% in returns during this period.

The stock opened with a gain of 4.99% today and touched an intraday high of Rs. 74.1, which is also its new 52-week high. It has been trading at this price since the opening, showing no range in its movement. However, the stock has been highly volatile today, with an intraday volatility of 54.57%.

GMR Power & Urban Infra Ltd 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 the past year, the company has shown a remarkable performance with a 272.25% increase in its stock price, while the Sensex has only seen a 21.30% growth.

MarketsMOJO has given a 'Strong Sell' call for GMR Power & Urban Infra Ltd, cautioning investors about the stock's current performance. However, the company's recent all-time high and consistent growth in the past year make it an interesting stock to watch in the power industry.