GMR Power & Urban Infra Ltd's Stock Hits All-Time High, Outperforms Sector by 3%

GMR Power & Urban Infra Ltd, a midcap company in the power industry, has been making headlines recently as its stock price reached an all-time high on August 13, 2024. The stock has been performing well, outperforming the sector by 3% and gaining 10.67% in the last three days alone.

On August 13, the stock hit a new 52-week high of Rs. 109.45, with an intraday high of 3.56%. The stock has also been highly volatile, with an intraday volatility of 101.83%, calculated from the weighted average price. This indicates a strong interest from investors and a positive sentiment towards the company.

GMR Power & Urban Infra Ltd has been consistently gaining for the last three days and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This shows a strong upward trend in the stock's performance.

In the past year, GMR Power & Urban Infra Ltd has shown an impressive growth of 436.91%, outperforming the Sensex's performance of 21.80%. This further highlights the company's strong performance and potential for growth in the power industry.

While the stock has been receiving a "Sell" call from MarketsMOJO, it is important to note that this is just one opinion and investors should do their own research before making any investment decisions. With its strong performance and positive outlook, GMR Power & Urban Infra Ltd is definitely a company to watch out for in the midcap power industry.