Gujarat State Petronet's Stock Hits All-Time High, Outperforms Sector and Sensex

Gujarat State Petronet, a leading gas transmission and marketing company, has reached an all-time high on September 2nd, with its stock price hitting Rs. 467.5. This has been a consecutive gain for the company, with a 46.49% increase in the last 12 days. The stock has also outperformed the sector by 2.76% today.

Despite opening with a loss of -3.94%, Gujarat State Petronet has shown strong performance throughout the day, with an intraday high of Rs. 467.5 (5.69%) and an intraday low of Rs. 415.85 (-5.99%). The stock has also been highly volatile, with an intraday volatility of 7.61%.

In terms of moving averages, Gujarat State Petronet is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

The gas transmission and marketing sector has also seen a gain of 2.59%, further highlighting the positive sentiment towards Gujarat State Petronet.

In comparison to the Sensex performance of 26.21%, Gujarat State Petronet has shown an impressive 1-year performance of 65.57%. This showcases the company's strong growth and potential in the market.

With its consistent growth and positive performance, MarketsMOJO has given a 'Buy' call for Gujarat State Petronet's stock. As a leading player in the gas transmission and marketing industry, the company continues to make strides towards success and is definitely one to watch in the market.