Gujarat State Petronet's Stock Performance Shines, Attracts Attention from MarketsMOJO

Gujarat State Petronet, a leading gas transmission and marketing company, has been making waves in the stock market with its recent performance. On September 27, 2024, the company's stock gained 3.34%, outperforming the sector by 1.61%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In terms of price summary, Gujarat State Petronet has been on a consecutive gain streak for the last 3 days, with a 2.98% increase in returns during this period. The stock also touched an intraday high of Rs 416.1, showing a 2.72% increase. While the stock is currently higher than its 5 day, 50 day, 100 day, and 200 day moving averages, it is lower than its 20 day moving average.

In comparison to the Sensex, Gujarat State Petronet has outperformed with a 1 day performance of 3.46% versus the Sensex's -0.09%. Similarly, in the last month, the company's stock has shown a 7.24% increase, while the Sensex has only seen a 4.95% increase.

With its strong performance and positive outlook, Gujarat State Petronet is definitely a stock to watch out for in the gas transmission and marketing industry. Investors can take advantage of this opportunity and consider adding this largecap company to their portfolio.